Why new grads shouldn't fear a recession

So, I just read this article called “Why new grads shouldn’t fear a recession” and it was really interesting. Basically, it talks about how a recession can actually be a good thing for recent graduates.

The article points out that during a recession, companies tend to hire more entry-level positions because they are looking for new talent with lower salary expectations. Additionally, the competition for jobs is often lower, since many people are hesitant to switch jobs during an uncertain economic climate.

Personally, I remember graduating during the last recession and feeling completely hopeless about finding a job. But looking back, I can see how the experience of navigating the job market during that time actually made me a more resilient and adaptable professional.

One important caveat the article mentions is that while a recession can create opportunities for job seekers, it also puts pressure on companies to cut costs, which can lead to layoffs and a general feeling of uncertainty. So, it’s important to be aware of the potential downsides as well.

Overall, I thought this article was a great reminder that setbacks and challenges can often lead to unexpected opportunities and growth. Especially for anyone who has recently graduated or is about to, it’s worth considering the potential benefits of navigating the job market during a recession. Who knows, it might just lead to your dream job!