The biggest problem for recent college grads isn't layoffs, it's a lack of hiring. According to the Economic Policy Institute, unemployment among young college graduates rose to 5.3% in March 2026. Researchers point to a depressed hiring rate as a major factor behind the weaker job market for new entrants. For students and career changers, practical experience and demonstrable skills may matter more than ever. Former Google engineer Kelsey Hightower recently advised graduates to focus on building tangible projects and developing real-world experience The autodidact advantage is growing. Those who can learn independently, build publicly, and adapt quickly may outperform those relying solely on credentials.