Overview

• Big Tech firms now hire just 7% new graduates, a drop of over 50% since 2019 and 25% fewer in 2024 than in 2023, according to SignalFire.
• Meta, Google and Microsoft report that AI handles roughly 30% of new code and performs at mid-level engineer proficiency.
• Hiring of professionals with two to five years’ experience rose 27% at major tech companies and 14% at startups as firms seek AI expertise.
• A Wall Street Journal survey finds 87% of hiring leaders value AI experience and nearly one in four tech job postings now require it.
• Tech roles are forecast to grow from 6 million to 7.1 million by 2034, driven by emerging positions in AI governance, ethics, data science and machine learning.