“This assumes that the unemployment among college graduates is higher than the non-graduates. Is that true?”
Dunno the stats for sure, but I would bet that anybody with skills in plumbing, or electrician, or any other solid skill, is in much more demand than any recent graduate with the word “studies”, or “science” in his degree title. Its not like demand for plumbers goes down over time, especially with this generation that requires safety warnings on screw drivers to prevent them from jamming them into their eye sockets
“Dunno the stats for sure, but I would bet that anybody with skills in plumbing, or electrician, or any other solid skill, is in much more demand than any recent graduate with the word “studies”, or “science” in his degree title.”
May be. But when I once posted for the need for a plumber, I got responses from a dozen local plumbers within an hour. So, not sure if the supply-demand works in their favor. I agree that if you own a plumbing business, you might be set. But most plumbers are probably scraping by. There must be stats on plumber average salary versus an average science major.
“Its not like demand for plumbers goes down over time, especially with this generation that requires safety warnings on screw drivers to prevent them from jamming them into their eye sockets”
That could be true, but plumbing is such as niche that you will not be employed as anything else if that field goes away(it may or may not depending on the underlying plumbing tech, which is bound to change with smart homes around the corner). With a hard science/math/eng and years of applied experience, you can always switch careers and take almost everything with you in terms of experience/knowledge accumulated over the years.
especially with this generation that requires safety warnings on screw drivers to prevent them from jamming them into their eye sockets
When we bought our stroller it came with a permanent flap with the WARNINGS!!! On it. One warning was “REMOVE CHILD BEFORE FOLDING STROLLER!”