@gzkbn: CAMBRIDGE, Mass. — When a recent MIT graduate walked across the stage, finishing in the top 10 of their class with a degree in computer science, the moment felt like the culmination of years of hard work and sacrifice. It was supposed to be the start of a lucrative and stable career in tech. But 13 months later, that graduate finds themselves jobless, sleeping on a friend’s couch, and teetering on the brink of homelessness. “I did everything right,” they said, speaking from a crowded public library where they spend hours coding and sending out applications. “I worked tirelessly during school, interned at a top-tier company, and built a strong portfolio. But none of it seems to matter anymore. The job market is oversaturated, and companies aren’t willing to take chances on entry-level candidates.” The tech industry, once a symbol of boundless opportunity, has shifted dramatically. As companies pull back after years of aggressive hiring, roles that once welcomed fresh graduates now demand multiple years of experience. Despite applying to more than 400 positions, ranging from prestigious software engineering roles to freelance gigs at startups, this graduate has only received rejection emails—most stating that the applicant pool was unusually competitive. Financial pressures have mounted relentlessly. Without a job, they sold their car months ago to cover rent, but when their lease ended, they couldn’t afford a new place. “I used to code algorithms to solve complex problems,” they reflected, “and now I’m struggling to figure out how to pay for my next meal.” Experts in the field warn that such stories are no longer anomalies. While demand for specialized skills in areas like AI or cybersecurity remains steady, generalist roles have become fiercely contested. Layoffs, hiring freezes, and an influx of new graduates have created a bottleneck, leaving many recent degree holders stranded. “The tech market feels cooked,” the graduate admitted. “If someone with my background is struggling, it’s hard to imagine what it’s like for everyone else.” For now, they continue to hold on to hope, leveraging support from friends and small freelance opportunities to make ends meet. But their story is a stark reminder that the once-guaranteed career path in computer science is no longer a certainty, even for the best and brightest. #compsci #cooked #jobmarket #MIT #oversaturated

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Wednesday 04 December 2024 22:40:44 GMT