AI has turned job applications into a numbers game that Gen Z is losing. For young university graduates, landing a well-paying job was supposed to be a promise—but AI is now making it harder to compete and sometimes completely eliminating entry-level white-collar roles. Major accounting firm PwC U.K. is just one business planning to cut graduate hiring down to 1.3K annually this year, and PwC U.S. plans to slash hiring by a third over the next three years. Meanwhile, recruiters are using AI to screen thousands of applications, while applicants use AI to generate perfect cover letters and resumes, making every open role a massive competition. Business leaders are pointing to Nepal for what to expect next, where Gen Z protests toppled the government over joblessness, warning that “a system that no longer works for them” could spark similar frustrations closer to home. (Business Insider)
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