what is thesentiment aroundthe job market? is being shaped by two forces: Whyearly-careerhiring looksthe way itdoes in2025. where productivity is rising faster than headcount.Companies are maintaining outputwith leaner teams and hiring more selectively,especially for entry-level roles. This report showshow these shifts appear in outcomes acrossMBA, Law, and Undergraduate programs. The headlines are everywhere… about The Recent Employment Effects Jobless Growth: Productivity up. Hiring down. A FamiliarPattern:TechnologicalShifts BringShort-TermDisruption. ultimately creating new, higher-skill roles.AI is following the same three-phase curve:automation of routine work, reconfigurationof early-career pathways, and eventualcreation of new categories of jobs. Every major technological revolution follows thisthree-phase pattern. Impact of AI on jobsby 2030. TOTAL JOB GROWTH AND LOSS million jobs created. million jobs continuein an evolving labour million jobs displaced. Early career lag. Tech industry layoffs peaked in 2023. Headcount over time by age group (normalized). Senior (50+)Mid-Career 2 (41-49)Mid-Career 1 (35-40)Developing (31-34)Early Career 2 (26-30)Early Career 1 (22-25) Job Outlook hiring projects: 2021-2026 Direct to School Postings on 12twenty Network YoY Howhas thisimpactedearly-careerhiring? How to interpret this outcome data across more than on 12twenty.While the dataset is deep and How toRead ThisReport. highly reliable, many external forces likeeconomic conditions, global enrollment shifts,immigration policy, and employer demandshape the year-over-year trends. Data waspulled December 2025. So, how has hiring changed? Insights drawn from over It’snot uncommonto have from schools that use 12twenty to collect outcome data. SOURCEBureau of Labor Statistics12twenty job trends Early-careergeography. WhatChanged inGlobal Hiring &WorkAuthorization? saw a notable decline in a trend aligned with evolving U.S. federal policy and institutional shifts.These movements shape employerdemand patterns and influence where graduates can work immediately aftercompleting their degrees. Students on 12twenty went to work in196countries & territoriesaround the world. MBA enrollment by citizenship increased slightlywhile permanent work authorization was flat. Law School enrollment saw a slight increase in internationalstudents. Undergrad enrollment saw a sharp decrease innon-US citizens. like tech and consulting, the class of2024-2025 shows early signs of IndustryHiring. consulting, and engineering growing againfor MBAs and undergrads. These changessuggest that industries potentially mostaffected by early AI adoption are beginningto rehire selectively. MBA hiringby industry. ConsultingInformation Technology & ServicesHealthcareEngineering & ManufacturingEntertainment & MediaFinancial Services & AccountingNon-Profit, NGOs & EducationGovernment & Public SectorOther IndustriesBusiness & Professional Services MBA hiringin Tech and Consulting grewfor thefirst time in 3 years. Law School hiring by industry. Law School hiring saw a decrease in students goingto law firms for the first time in 4 years. Undergrad hiringby industry. Consumer Packaged Goods (CPG) Government & Public SectorBusiness & Professional ServicesEntertainment & MediaConsultingInformation Technology & ServicesHealthcareNon-Profit, NGOs & EducationEngineering & ManufacturingFinancial Services & AccountingOther Industries 2.5%4.5%2.4%3.8%2.9%4.0%2.9%2.7%3.4%2.7%3.1%3.0%2.8%2.7%2.6%2.6%3.0%2.5%Undergrad hiringsaw Tech and Engineering bothreverse course in 2025. Engineering catching upto finance. Consumer Packaged Goods (CPG) Government & Public SectorBusiness & Professional ServicesEntertainment & MediaConsultingInformation Technology & ServicesHealthcareNon-Profit, NGOs & EducationEngineering & ManufacturingFinancial Services & AccountingOther Industries Whatdoes thefuturelooklike? on the 12twenty network referencing AI have sharply across industries.For early-career job The Demandfor AI Skills isAccelerating seekers, this means AI literacy is increasinglypart of employer expectations. Institutions mayneed to reinforce skills training, advising, andexperiential learning that prepares students forAI-integrated roles. Job Postings with “AI” in them on 12twenty. Flexible/remote job posts continue to be moreprevalent than pre-pandemic levels. While virtual events are here to stay, employers areincreasingly coming back to campus with about a~50/50 split that’s holding steady. Virtual appointmentsare preferred to in-personappointments. But trending down slightly. Howstudentsget jobs. MBA: Scheduled interview continue to decline.Converting internships slightly declined YoY. JOB SOURCE Activities Supported by Career CenterConversion of Internship:School SourcedScheduled InterviewsOther Graduate-Facilitated SourcesSchool Network/ResourceOnline Job Postings (i.e. Social Media)Job Postings on School