Business
Computer science graduates struggle to secure their first jobs
Technology Reporter
Eddie HartEddie Hart studied computer science and cybersecurity at Newcastle University, graduating in 2024.
He says he knew getting into the tech workforce would be a challenge, but “I thought it would be a little easier”.
Even when “junior” roles were advertised, they often demanded two or more years professional experience, Mr Hart says.
“It’s not realistic, and it’s just discouraging the good candidates from even trying.”
To him it seems clear that potential employers are using AI tools to automate the simpler parts of coder’s work, tasks which would traditionally allow newcomers to build up experience.
While companies undoubtedly benefit from using AI in some parts of their operations, says Mr Hart, “I don’t think replacing developers entirely with AI is sustainable.”
ChatGPT, and other coding tools, are being blamed for a collapse in tech job openings, particularly for younger software developers and engineers.
A report by the UK’s National Foundation for Education Research showed a 50% decline in tech job adverts between 2019/20 and 2024/25, with entry level roles particularly affected.
The report cited the “anticipated impact of artificial intelligence” as one of the factors behind this.
At the same time, software developers have widely adopted AI code tools, while simultaneously expressing distrust in their output.
Research by Stack Overflow, a software knowledge platform, shows almost half use AI tools daily, despite just one third actually trusting the output of such tools.
Prashanth Chandrasekar, CEO of Stack Overflow, says it’s “a tricky time to graduate”.
More broadly, he says, its research shows developers are choosing to stay put, despite many expressing dissatisfaction with their work. “People are probably running for safety a little bit.”
All of this means young technologists are finding it harder to get that critical first job.
Stack OverflowThe stress of finding a job is also being raised by the use of AI in the job application process.
Mr Hart came across one highly automated application process which had eight stages, the first of which was to answer 20 exam-style questions about himself.
Such exercises can take up hours of time.
Friends had been asked to record and upload answers to interview style questions.
“And then that’s just reviewed by AI and a computer makes the decision. It just feels like you don’t get that respect of at least being rejected by a human,” he says.
Colin, who didn’t want his full name to be used, studied computer science at university, graduating in 2024.
He spent almost a year working through the recruitment process for one large company – only to be ultimately unsuccessful.
Even smaller firms often use AI to screen applications, he says, meaning CVs have to structured to be “AI friendly”.
Colin would then find he was being interviewed by people “who have clearly not read my CV”.
Both Mr Hart and Colin said they knew the senior roles were still out there. But, they wondered, who will fill them if younger developers like them were unable to secure jobs.
InfluxDataPaul Dix, CTO and co-founder at California-based database firm, InfluxData says in any economic downturn or disruption, junior software developers were the ones who got hit hardest.
But he says, “If nobody’s hiring younger developers, then you’re going to arrive at this point where you don’t have senior developers either, because you’ve completely killed your pipeline.”
More positively says Rajiv Ramaswami, CEO of US enterprise cloud firm Nutanix, “Some of these younger folks coming out of college actually have more experience using AI tooling compared to traditional ways of programming.”
Ramaswami adds: “I find the market for talent to be the best we’ve seen in several years.”
Mr Chandrasekar says the industry had always had an “apprenticeship” type model, with a pipeline of young people coming in and working with senior developers.
And, he suggests, executives and companies that had invested heavily in AI tech are under pressure to show some return on that investment. Even if that was by simply cutting back on hiring.
Stack Overflow’s research also found that while 64% of developers perceived AI as a threat to their jobs, this was four percentage points down on the previous year.
“They’ve now seen some of the limitations, where you need humans in the loop,” Mr Chandrasekar notes.
Previous tech disruptions had sparked fears that both senior or junior jobs would disappear, says Mr Chandrasekar. But invariably they result in more jobs as people uncover new problems and challenges.
“There’s going to be an insatiable appetite for technologists and developers to go and build those things to help solve those problems.”
But that spike in demand might not come in time for some of today’s graduates.
Mr Hart has secured a role as a security engineer at UK-based cybersecurity firm Threatspike, which he gained through a very human centred job process.
Meanwhile, Colin has turned his back on tech altogether and is considering a career in the police.
Business
Asia stocks fall for third day, oil edges up as markets track Iran war
The conflict in the Middle East has rattled financial markets and global energy prices have soared.
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Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 4
Last Updated:
Petrol, Diesel Price On March 4: Check City-Wise Rates Across India Including In Delhi, Mumbai and Chennai.

Petrol, Diesel Prices On March 4.
Petrol and Diesel Prices on March 4, 2026: OMCs update petrol and diesel prices daily at 6 AM, aligning them with fluctuations in global crude oil prices and currency exchange rates. This daily revision promotes transparency and ensures consumers have access to the most up-to-date and accurate fuel prices.
Petrol Diesel Price Today In India
Check city-wise petrol and diesel prices on March 4:
| City | Petrol (₹/L) | Diesel (₹/L) |
|---|---|---|
| New Delhi | 94.72 | 87.62 |
| Mumbai | 104.21 | 92.15 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Ahmedabad | 94.49 | 90.17 |
| Bengaluru | 102.92 | 89.02 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.72 | 90.21 |
| Lucknow | 94.69 | 87.80 |
| Pune | 104.04 | 90.57 |
| Chandigarh | 94.30 | 82.45 |
| Indore | 106.48 | 91.88 |
| Patna | 105.58 | 93.80 |
| Surat | 95.00 | 89.00 |
| Nashik | 95.50 | 89.50 |
Key Factors Behind Petrol and Diesel Rates
Petrol and diesel prices in India have remained unchanged since May 2022, following tax reductions by the central and several state governments.
Oil Marketing Companies (OMCs) update fuel prices daily at 6 am, adjusting for fluctuations in global crude oil markets. While these rates are technically market-linked, they are also influenced by regulatory measures such as excise duties, base pricing frameworks, and informal price caps.
Key Factors Influencing Fuel Prices in India
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Crude Oil Prices: Global crude oil prices are a primary driver of fuel prices, as crude is the main input in petrol and diesel production.
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Exchange Rate: Since India relies heavily on crude oil imports, the value of the Indian rupee against the US dollar significantly affects fuel costs. A weaker rupee typically translates to higher prices.
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Taxes: Central and state-level taxes constitute a major portion of retail fuel prices. Tax rates vary across states, leading to regional price differences.
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Refining Costs: The cost of processing crude oil into usable fuel impacts retail prices. These costs can fluctuate depending on crude quality and refinery efficiency.
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Demand-Supply Dynamics: Market demand also influences fuel pricing. Higher demand can push prices up as supply adjusts to consumption trends.
How to Check Petrol and Diesel Prices via SMS
You can easily check the latest petrol and diesel prices in your city through SMS. For Indian Oil customers, text the city code followed by “RSP” to 9224992249. BPCL customers can send “RSP” to 9223112222, and HPCL customers can text “HP Price” to 9222201122 to receive the current fuel prices.
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March 04, 2026, 07:33 IST
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Gold Prices: Gold retreats on strong dollar after four-day rally – The Times of India
Gold slumped more than 5%, ending a four-day rally on Tuesday. The metal was weighed down by a stronger dollar and fading prospects of an interest rate cut as inflation concerns intensified against the backdrop of a potentially prolonged conflict in West Asia. Spot gold was down 5.6% at $5,029.59 an ounce whereas prices had hit an over four-week high in the previous session. US gold futures lost 5.1% to $5,041.50.The US dollar, a competing safe-haven asset, rose to an over one-month peak, making dollar-priced bullion less affordable for holders of other currencies. US Treasury yields rose for a second consecutive session.Indian bullion traders and associations are speculating that gold could attain Rs 2 lakh per 10 gm and silver may well scale Rs 3.5 lakh per kg if the conflict does not abate swiftly.Spot silver fell 11.2% to $79.42 an ounce after climbing to a more than four-week high on Monday. As the Iran conflict entered its fourth day, crude oil benchmarks jumped over 8% in response.
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