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1 in 2 new graduates are jobless or underemployed
Associated Press ^ | April 24, 2012 | HOPE YEN

Posted on 04/27/2012 7:24:15 AM PDT by Academiadotorg

WASHINGTON (AP) — The college class of 2012 is in for a rude welcome to the world of work.

A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don't fully use their skills and knowledge.

Young adults with bachelor's degrees are increasingly scraping by in lower-wage jobs — waiter or waitress, bartender, retail clerk or receptionist, for example — and that's confounding their hopes a degree would pay off despite higher tuition and mounting student loans.

An analysis of government data conducted for The Associated Press lays bare the highly uneven prospects for holders of bachelor's degrees.

Opportunities for college graduates vary widely.

While there's strong demand in science, education and health fields, arts and humanities flounder. Median wages for those with bachelor's degrees are down from 2000, hit by technological changes that are eliminating midlevel jobs such as bank tellers. Most future job openings are projected to be in lower-skilled positions such as home health aides, who can provide personalized attention as the U.S. population ages.

Taking underemployment into consideration, the job prospects for bachelor's degree holders fell last year to the lowest level in more than a decade.

"I don't even know what I'm looking for," says Michael Bledsoe, who described months of fruitless job searches as he served customers at a Seattle coffeehouse. The 23-year-old graduated in 2010 with a creative writing degree.

(Excerpt) Read more at ...

TOPICS: Books/Literature; Business/Economy; Education; History
KEYWORDS: college; graduates; jobprospects
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To: CommieCutter

Not saying to pay their entire way through, but at least enough to pay for maybe books or other expenses instead of just having a free ride, to party all the time.

21 posted on 04/27/2012 7:52:02 AM PDT by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: Academiadotorg

Obama keeps promoting college education for everyone while also hinting that the government will pay for it if he gets another term.

What percent of jobs in the U.S. actually require a college education?

I doubt if it’s a large percent. It would be interesting to know.

Too many kids have been brainwashed into thinking they have to go to college to get a good job.

For the most part, a college education is overrated, particularly in view of the liberal agenda and the soft subjects being taught.

Obama does ‘his people’ no favors.

22 posted on 04/27/2012 7:54:38 AM PDT by altura
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To: max americana

***There ya this the new fancy diploma for capuccino maker?****

My thoughts is everyone who wants a college diploma in some off the wall field should first have a background in trades.

Welder-Machinest, Electrician, Plumber-Pipefitter, Heavy equipment operator, truck driver, diesel mechanics, Auto Mechanics, Crane Operator, and many other REAL JOBS.

That way when your pipe dream of a high dollar management job right out of college falls through, you will have a REAL JOB to fall back on.

23 posted on 04/27/2012 7:56:40 AM PDT by Ruy Dias de Bivar
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To: Puppage

Now that there is funny I don’t care who you are . . .

24 posted on 04/27/2012 8:00:51 AM PDT by rhubarbk
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To: Why So Serious

To increase empoyment, America has to change.

To begin with, our employees must get the same pay and benefits as China. Further, all corporations would have to pay a the same tax as GE. All corporations must not have unions like IBM. The nation would have to live with the same environmental regulations as China. This would make us the lowest cost country in the world.

One more thing. Before starting to work, you would have to become proficient in Chinese. You might not have to relocate.

25 posted on 04/27/2012 8:05:09 AM PDT by ex-snook ("above all things, truth beareth away the victory")
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To: Academiadotorg

Young adults with bachelor’s degrees are increasingly scraping by in lower-wage jobs — waiter or waitress, bartender, retail clerk or receptionist, for example

A degree doesn’t equal talent and work ethic. Half of the college graduates don’t deserve to even work at McDonalds.

26 posted on 04/27/2012 8:07:55 AM PDT by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: freedomfiter2

I graduated high school in the early 80’s - even back then it was drilled into everyone’s minds that you needed a college diploma because having a high school diploma was useless.

A college diploma is the new high school diploma - that is the educational systems plan...

27 posted on 04/27/2012 8:13:31 AM PDT by libertarian27 (Check my profile page for the FReeper Online Cookbook 2011)
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To: CommieCutter
Right on about employers NOT liking to see major debt of ANY kind on your background check. And if you've been racking up a lot of credit card debt on TOP of the student loans to get that fabulous Gender Studies degree....Zero chance of being hired for ANY job.

I do understand that young people have kind of been bamboozled by Big Education and growing up thinking EVERYONE goes to college. Well, welcome to reality—it can be harsh. Not everyone should go to college. I'd say half at state unis should be learning a trade. Oh, but their poor widdle self esteem! Seems they were raised by the idiots in the schools that gave everybody a trophy for “participating” and never got a big fat F on their crappy book report because...why, that would damage widdle precious.

I can't tell you how many people I know with a CHILD of 25 living in the basement, asking for $$$ to go out and being absoutely livid when Mammy and Pappy tell them to at least go get a job at Target while waiting for that $85,000 per year position—with massive benefits...the one they got trained for with that fab Gender Studies degree: Diversity Coordinator for a crappy Big Education college.

I heard a guy on a touchy-feely NPR financial program call in and say he had...drum roll....$450,000 in student loans. I kid you not. It made my jaw drop. He had quite the attitude...explaining how he was going to be quite the surgeon in a JUST A FEW MORE YEARS. AND this dope had 2 kids and a wife...seems like the wife is a tad worried and wants him to knock of the additional medical school specialty and GET A JOB. I just don't understand the lack of living in reality lately.

28 posted on 04/27/2012 8:27:53 AM PDT by Pigsley
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My wonderful Doctor is hanging it up and moving to a little ranch in NM. He can’t take it anymore.

I hate Obama.

29 posted on 04/27/2012 8:29:53 AM PDT by Pigsley
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To: pabianice

Become a Doctor of Social Justice! Go to riots, protest Whitey, attend sit-ins, read screeds from history’s greatest communists and America-haters, demand Israel be destroyed, demand slavery reparations, assault campus conservatives! All this can be yours, probably tuition-free if you are of an Officially Oppressed Minority. Once a doctor, you will be in high demand by NBC and CBS to appear on their networks and condemn America for not giving you a $200K/year job. Apply today!!


ROFl!!! I hear the capstone experience can be found at any OWLS gathering in one of our nation’s city parks ...

30 posted on 04/27/2012 8:38:52 AM PDT by LibsRJerks
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To: LibsRJerks

Our dear daughter is employed now 2 years after graduation, thankfully. And she worked dang hard for it.

But even she is experiencing a stagnant wage, no raises (just be glad your’e still employed type of attitude), and watches everyday as colleagues say 5-7 years ahead of her who have reached a certain level are increasingly canned once they become “too expensive” for the company to retain.

In other words hard, advance, and they will pull the rug out from under you anyway a few years into it.

31 posted on 04/27/2012 8:42:42 AM PDT by LibsRJerks
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To: freedomfiter2
I majored in Eng Lit and graduated in the mid ‘80’s. It took me 5 years because I worked 30 hours a week...Did borrow about $2,500. The only thing I really was good at was reading/writing. I knew I'd have to start at the bottom and figure my life out. I drove to LA in a 17 year old car and $300 in my bank account. I had a series of odd room-mates. I got a nice receptionist job for a company that produced trade shows. I made friends with the head writer and would do extra work for him on my own time. I didn't have much $$$ to go out to dinner. I worked my way up in different writing positions, finally got a good paying job as a story analyst at a large studio. It was hard. Every decent career is hard. It's hard to be a nurse. It's hard to be a plumber. Not everybody should go to college. Some people are very, very good waiters and make a decent living. The world needs talented craftsmen. I'm afraid the kids that were put through the self esteem movement were done no favors. All this reality is overwhelming them, because they have been on party time for the last 22 years. That they voted for Mr. Cool and Hope and Change must be bugging them just about now. I hope some wake up and vote him out. It is their best option for a decent job.
32 posted on 04/27/2012 8:46:49 AM PDT by Pigsley
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To: achilles2000
It is a degree for people who want to be novelists, playwrights, or scriptwriters, but who lack the talent.

Ha ha ha! Hilarious!

But absolutely true. As pointed out elsewhere, the great novelists and poets of all time--how many of them had "Creative Writing" degrees? If you want to write creatively, do so. You may eventually become a success. Of course, if you want someone to foot the bill while you're writing creatively, you may want to get another job, just in case you're not as creative as you think.

33 posted on 04/27/2012 8:49:45 AM PDT by Lou L (The Senate without a filibuster is just a 100-member version of the House.)
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To: Academiadotorg
The President's campaign tour of college campuses touting the "non-issue" of the expiring reduced interest rate for college loans and his "saving" of that rate for them, together with his unsubstantiated claims about his own difficulty paying off college loans may make for good political theater, but it relies on the naivete and "dumbing down" these students have experienced in their schools.

Submitted here is an example of student reaction to one of his visits this week to UNC-CH. Clearly, this student cannot appropriately relate the facts disclosed on this thread to the campaigning President in Chapel Hill.

Had students been taught that the debtor is slave to the debtholder, and that the role of government is not to enslave people, but to provide a framework of laws to protect their freedom, they might not be attracted to shallow "rock star" leadership, but to someone who would tell them the truth about their Constitution's limits on power in government.

Sadly, the facts presented in the articles on this thread are not presented to these students, who, likely will not find jobs available because of the "taking" and "spending" philosophy of the redistributionist policies of the past 3+ years, and decades of government's ignoring Constitutional limits on spending, deficits, and debt.

34 posted on 04/27/2012 9:01:25 AM PDT by loveliberty2
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To: Pigsley

Yep. The people I know have some nice credit card bills to go with their student loans. lol

It’s terrible.

35 posted on 04/27/2012 9:08:28 AM PDT by CommieCutter
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To: LibsRJerks
ROFl!!! I hear the capstone experience can be found at any OWLS gathering in one of our nation’s city parks ...

Capstone clap or crabs? Or both?

36 posted on 04/27/2012 9:14:50 AM PDT by Ole Okie
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To: CommieCutter

This is exactly the information we need to keep hammering Obama with, non-stop through election day. High unemployment, 50% of college graduates can’t get a job, rising energy prices, lower and lower home values, etc.

Obama and his folks have no answer for these numbers, other than try to demonize us. Even the MSM, which has been complicit with Obama all along, can’t fudge the numbers enough to make Americans feel better about the direction this country his headed.

Like him or not, Romney has chosen the right path to the White House, focusing on Obama’s failures. I expect the notoriously thin-skinned Obama to react wildly.

37 posted on 04/27/2012 9:41:44 AM PDT by Kharis13 (That noise you hear is our Founding Fathers spinning in their graves.)
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To: All

To understand why so many people are pursuing degrees (even in fields that make no sense), look up the 1971 Supreme Court decision Griggs v. Duke Power. This set in motion the excessive demand for college education as employers, denied the right to winnow out applicants via such means as IQ texts, sought a proxy. That proxy was the sheepskin. They figured that anyone who had graduated from college possessed a certain degree of intelligence.

I am sure that other factors played a role but this makes sense to me.

I might mention that one additional factor is the maturation of the baby boomer generation and their desire to send their children to college.

38 posted on 04/27/2012 10:04:13 AM PDT by OldPossum
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To: OldPossum

That should be “IQ tests.”

39 posted on 04/27/2012 10:06:36 AM PDT by OldPossum
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To: ex-snook

That would not be good

40 posted on 04/27/2012 11:01:47 AM PDT by Why So Serious (There is no cure for stupidity!!!)
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