Core Insights - The job market for computer science graduates is experiencing a significant downturn, with unemployment rates rising to 6.1%, nearly double that of philosophy graduates at 3.2% [1] - The traditional perception of computer science as a secure career path is being challenged, as the employment rate for graduates from elite institutions has dropped from 80% to 70% in just two years [1] - In contrast, philosophy graduates are seeing stable employment rates between 75% and 90%, with average salaries increasing significantly over time [7][10] Group 1: Challenges in Computer Science - The influx of experienced candidates from layoffs in tech companies is intensifying competition for entry-level positions, making it difficult for new graduates to secure jobs [3] - Major tech companies are applying for H-1B visas while simultaneously laying off thousands of engineers, creating a disconnect between claims of talent shortages and actual hiring practices [3] - The rise of artificial intelligence is reshaping the job landscape, with companies using AI as a justification for layoffs rather than as a productivity tool [3][5] Group 2: Employment Trends - Global tech layoffs have exceeded 151,000 last year, with 22,000 positions cut in the early months of this year alone, including significant layoffs at major firms like Microsoft and Intel [5] - The number of computer science degrees awarded has more than doubled in the past decade, leading to an oversupply of graduates compared to available job opportunities [5] - The job market is shifting towards roles that require advanced skills in AI, data engineering, and cybersecurity, rather than traditional programming positions [11][12] Group 3: Opportunities in Philosophy - Philosophy graduates are finding diverse employment opportunities in education, public administration, and cultural sectors, with a notable demand for their critical thinking and analytical skills [7][8] - The integration of philosophy with digital humanities and cross-cultural studies is enhancing the employability of philosophy graduates in a globalized job market [10] - Philosophy graduates are increasingly entering the civil service, leveraging their skills in policy research and administration [8] Group 4: Future of Employment - The job market is evolving, with a growing emphasis on skills and project experience over formal educational credentials, as seen in the decreasing number of job postings requiring a degree [10][12] - Companies like IBM and Google are removing degree requirements for many positions, focusing instead on practical skills [10] - The demand for complex problem-solving skills is rising, indicating a shift away from basic coding tasks towards roles that require system design and ethical considerations in technology [12][13]