The computer science dream has become a nightmare

The news article discusses the challenges faced by recent computer science graduates in the job market. According to a study by the Federal Reserve Bank of New York, the unemployment rate for computer science graduates is significantly higher, ranging from 6.1% to 7.5%, more than double the rates experienced by graduates in other fields like biology and art history. The article suggests that the "coding-equals-prosperity promise" has collapsed, and the reality on the ground is far from the perceived prosperity associated with a computer science degree. The article highlights the struggles of these graduates, who are finding it difficult to secure employment despite their technical expertise. The article presents a sobering perspective on the current state of the job market for computer science graduates, challenging the widespread belief that a degree in this field guarantees a stable and prosperous career. The article aims to bring attention to the challenges faced by this demographic and the need for a more realistic understanding of the job market.