"Our story continues to portray the growing strength for employment opportunities for new graduates in the face of monumentally difficult economic challenges. While the number of opportunities may be insufficient to provide every new graduate a meaningful position, the expansion continues to whittle away at the number having to enter part-time or non-career related employment."So, the hires they are talking about are not part-time or non-career related hires but ones which require a Bachelor's Degree or other degree.
That’s not what we’re seeing among the recent grads we know. They can’t find jobs in their fields, but they are settling for service industry jobs. Plus kids we know with Bachelors are working a couple jobs, because nothing is full time, the jobs are not in their fields and pay is usually $10/hr or less.
At the country club near our house, young people (with bachelors, and not just “squishy” lib arts, but finance, and hard science degrees) are working part time as servers for banquets, etc. to make ends meet. They may have 2 or 3 part time jobs.
Our 24 year old has a good job, but he has his Masters, and needed his Masters for an entry level job at a Fortune 100 company. As I told someone the other day, the Masters degree seems to be the new Bachelors degree.
The hires they are talking about do not produce a usable good.If the pick up was in Engineering and Science fields I would feel there might be some hope. But by the jobs being pure administrative there is little hope of an overall pickup in hiring.