Harvard MBA job placements drop to 23%, Stanford and Wharton also report rising unemployment: What’s behind the decline? Latest job recruitment

Top MBA programs like Harvard, Stanford, and Wharton are seeing rising unemployment rates among graduates, with 23% of Harvard’s 2024 MBA class still jobless three months post-graduation. This marks a significant shift, as companies prioritize specialized technical skills over generalist MBAs. Factors such as tech industry slowdowns, AI, automation, and restructuring are contributing to the decline in job placements, prompting graduates to reconsider the return on investment of their degrees.