sadly the archive doesn’t contain the graphs, which I’m afraid you’ll need a subscription for
dedev54 on
The answer seems to be that this is due to job preferences between gender, not from tech’s collapse but rather the health care boom.
> The unemployment rate for recent male graduates has risen steeply from less than 5 per cent to 7 per cent over the past 12 months. For young female graduates in the US, joblessness is unchanged over the same period, if not falling slightly. [at 4%] Most striking of all, recently graduated young men are now unemployed at the same rate as their non-graduate counterparts, completely erasing the college employability premium.
…
> At first glance, this lines up neatly with the theory that we’re looking at the leading edge of a wave of AI-driven job displacement. The tech sector’s rapid and enthusiastic adoption of generative AI leaves the swelling ranks of young male computer science graduates particularly exposed — we would therefore expect the AI shock to show up among recent male grads first. But drill down into sector-specific employment, and the evidence doesn’t seem to fit the narrative. The much-remarked-upon contraction in hiring entry-level programmers and software developers in the US has sharply reversed in recent months. In fact, relative to the pre-generative AI era, early-career coding employment is now tracking ahead of the rest of the economy.
…
> Looking across all sectors, the key dynamic appears to be a well-worn story: women opt in much greater numbers for healthcare jobs, where employment continues trending steeply upwards, seemingly immune to the cyclical bumps that afflict most male-dominated sectors even at the graduate level.
Herecomesthewooooo on
This is because of sectoral imbalances.. who could have guessed that women are entering health care careers at a higher rate than males and face less impacts from automation!?
3 Comments
[Archive link for you huddled masses, yearning to be free](https://archive.is/2utwJ)
sadly the archive doesn’t contain the graphs, which I’m afraid you’ll need a subscription for
The answer seems to be that this is due to job preferences between gender, not from tech’s collapse but rather the health care boom.
> The unemployment rate for recent male graduates has risen steeply from less than 5 per cent to 7 per cent over the past 12 months. For young female graduates in the US, joblessness is unchanged over the same period, if not falling slightly. [at 4%] Most striking of all, recently graduated young men are now unemployed at the same rate as their non-graduate counterparts, completely erasing the college employability premium.
…
> At first glance, this lines up neatly with the theory that we’re looking at the leading edge of a wave of AI-driven job displacement. The tech sector’s rapid and enthusiastic adoption of generative AI leaves the swelling ranks of young male computer science graduates particularly exposed — we would therefore expect the AI shock to show up among recent male grads first. But drill down into sector-specific employment, and the evidence doesn’t seem to fit the narrative. The much-remarked-upon contraction in hiring entry-level programmers and software developers in the US has sharply reversed in recent months. In fact, relative to the pre-generative AI era, early-career coding employment is now tracking ahead of the rest of the economy.
…
> Looking across all sectors, the key dynamic appears to be a well-worn story: women opt in much greater numbers for healthcare jobs, where employment continues trending steeply upwards, seemingly immune to the cyclical bumps that afflict most male-dominated sectors even at the graduate level.
This is because of sectoral imbalances.. who could have guessed that women are entering health care careers at a higher rate than males and face less impacts from automation!?