Graduates are taking a closer look at smaller companies in a 'competitive' and 'scary' job market

Graduates are increasingly applying for jobs at smaller companies, with over a third of applications directed at firms with less than 250 employees, a significant rise from previous years. The job market is challenging, as evidenced by a 15% drop in job postings and a 30% surge in applications per vacancy on the Handshake platform. Additionally, economic uncertainties have led to increased stress and competition among the graduating class, with many feeling pessimistic about their career prospects after experiencing impacts from the pandemic and mass layoffs.

Handshake's survey revealed 56% of students expressed pessimism regarding career prospects, highlighting a growing sense of anxiety about entering the workforce.

With a 15% decrease in job postings, nearly 35% of applications from soon-to-be graduates are now directed toward companies with fewer than 250 employees.

Read at Business Insider