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Fortune
Fortune
Preston Fore

As graduates face a ‘jobpocalypse,’ Goldman Sachs exec tells Gen Z they need to know their commercial impact

David Kostin (Credit: Michael Nagle/Bloomberg via Getty Images)

For Gen Z, the entry-level career ladder is getting steeper by the month—and there’s no sign of it letting up. Unemployment among recent grads has climbed to 5.8% (the highest since 2013, excluding the pandemic) as companies rethink hiring amid AI-driven productivity gains.

The pressure is already forcing young people to rethink what it takes to stand out—especially in fields where six-figure pay once felt like a given. But for those aiming for Wall Street, one Goldman Sachs executive has a blunt message for young professionals trying to get ahead: Know what you bring to the table.

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