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College Graduates Confront Bleak Job Outlook as Unemployment Rises
Fox News ^ | 8/16/2010

Posted on 08/16/2010 6:26:09 PM PDT by markomalley

The road to success is filled with a lot more potholes than any college freshman might have imagined four years ago. Welcome, graduate, to the world of very hard knocks.

An average of 9.1 percent of college graduates were unemployed in 2009, up from 5.5 percent in 2005 and 4.4 percent in 2000, according to the Department of Labor's Bureau of Labor Statistics. For those with some college experience but without a degree, that figure averaged 14.1 percent last year, compared to 21.5 percent of high school graduates with no time on a higher education campus. (For comparison, the current national unemployment rate is 9.5 percent.)

And the bleak economic outlook for the young people isn't limited to the United States, or solely the educated in the U.S., as the International Labor Organization announced last week that of some 620 million economically-active youth aged 15 to 24 years, 81 million were unemployed at the end of 2009 -- the highest number ever and nearly 8 million more than the figure in 2007. The overall youth unemployment rate increased from 11.9 percent in 2007 to 13 percent in 2009.

The less-than-bright economic outlook is forcing some recent college graduates to live with their parents or for current students to consider changing their majors to fields with higher demand.

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy
KEYWORDS: bhoeconomy; generationy; layoffs; youthvote

1 posted on 08/16/2010 6:26:11 PM PDT by markomalley
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To: markomalley

Same people who “made history” voting for their Kenyan “messiah”. They have no reason to whine.


2 posted on 08/16/2010 6:27:36 PM PDT by FlingWingFlyer (DemocRATS! America's Taliban!)
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To: markomalley
22 is the new 8.

3 posted on 08/16/2010 6:28:43 PM PDT by I see my hands (_8(|)
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To: FlingWingFlyer

actually it wasn’t the young vote that put 0bummer into office. This has been a urban myth . There was no significant uptick for the dems in the 2008 election from the young vote. It was the greedy geezer that got 0bummer elected, with the help of a few Gopers who either stayed home or voted for Bob Barf.


4 posted on 08/16/2010 6:37:40 PM PDT by Perdogg (Nancy Pelosi did more damage to America on 03/21 than Al Qaeda did on 09/11)
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To: markomalley

Guess what kiddies - this “ain’t gonna be” like when Reagan was voted in a and cleaned up Carter’s mess. If he is not impeached soon - it will terminal.

Well you voted him in kiddies. Brainwashed by TV, rap music, the NCCA/NFL, hollwyood and the media.


5 posted on 08/16/2010 6:38:17 PM PDT by Frantzie (Democrats are the party of Islam.)
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To: Perdogg

? You mean the seniors and stupid baby boomers? They did their part along with stupid white women watching oprah and whoopi. Idiots.

Almost every TV show and commercial spews constant images of stupid white males because TV and Madison Ave are evil. But it was not “stupid” white men who elected the muslim.


6 posted on 08/16/2010 6:40:49 PM PDT by Frantzie (Democrats are the party of Islam.)
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To: Frantzie
Do you still talk the woman from the Caribbean who was dissatisfied with 0bummer?
7 posted on 08/16/2010 6:42:42 PM PDT by Perdogg (Nancy Pelosi did more damage to America on 03/21 than Al Qaeda did on 09/11)
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To: markomalley

Yeah, our daughter changed majors, so it’s going to take her another year before she graduates. Might be better timing for her.


8 posted on 08/16/2010 6:44:15 PM PDT by SuziQ
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To: FlingWingFlyer
Same people who “made history” voting for their Kenyan “messiah”. They have no reason to whine.

Yep, suck it up, morons.

9 posted on 08/16/2010 6:44:32 PM PDT by jtal
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To: markomalley

btt


10 posted on 08/16/2010 6:48:01 PM PDT by GailA (obamacare paid for by cuts & taxes on most vulnerable Veterans, retired Military, disabled & Seniors)
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To: Perdogg
actually it wasn’t the young vote that put 0bummer into office. This has been a urban myth . There was no significant uptick for the dems in the 2008 election from the young vote.

According to Pew "66% of those under age 30 voted for Barack Obama making the disparity between young voters and other age groups larger than in any presidential election since exit polling began in 1972."

Democrat share of age 18-29 Presidential vote:

2008: 66%
2004: 54%
2000: 48%
1996: 53%
1992: 43%
1988: 47%
1984: 40%

Among voters over 30, Obama got just 50% to McCain's 48%.

11 posted on 08/16/2010 6:49:42 PM PDT by Brugmansian
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To: markomalley

Too stinking bad - problem is, my two college daughters didn’t vote for the imposter, yet they will pay for what their idiot peers did.


12 posted on 08/16/2010 6:58:36 PM PDT by Florida native
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To: markomalley

Not a good time to be graduating from college! Thank God I’m not in that position.


13 posted on 08/16/2010 6:59:05 PM PDT by Poundstone (A recent Federal retiree and proud of it!)
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To: Perdogg

Huh? The haitian woman who Obama was going to put gas in her car and pay her mortgage? We really do not know if that is happening or not. Some people could be getting tarp money on the side and I bet they are.


14 posted on 08/16/2010 7:15:42 PM PDT by Frantzie (Democrats are the party of Islam.)
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To: Poundstone

Now is when they begin their real education.


15 posted on 08/16/2010 7:17:00 PM PDT by glorgau
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To: Brugmansian

Interesting statistics. 66% of those under 30 voting for the TOTUS. All of that brainwashing about racism and how “bad” America is
finally caught up with reality. Enjoy living in your parent’s basement for the next 5 years, a$$holes.


16 posted on 08/16/2010 7:21:13 PM PDT by boop ("Let's just say they'll be satisfied with LESS"... Ming the Merciless)
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To: Brugmansian

Obama will get the young to run the death panels. Once the seniors and older baby boomers are dead there will be plenty of money to go around.


17 posted on 08/16/2010 7:23:15 PM PDT by Frantzie (Democrats are the party of Islam.)
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To: Frantzie
I am not sure. I thought there was one woman you talked about, she cut hair I believe, that was disappointed in 0bama.
18 posted on 08/16/2010 7:23:32 PM PDT by Perdogg (Nancy Pelosi did more damage to America on 03/21 than Al Qaeda did on 09/11)
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To: Brugmansian

I think your numbers might be correct, however, Since the voter over 30 is pretty inclusive, it is misleading. I read somewhere that it was a “grey” vote that elected 0bama since the young vote, no matter how disproportional, was still relatively small compared to the elder vote.


19 posted on 08/16/2010 7:26:22 PM PDT by Perdogg (Nancy Pelosi did more damage to America on 03/21 than Al Qaeda did on 09/11)
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To: boop

They made it a social thing too so those who just wanted to party joined the crusade.


20 posted on 08/16/2010 7:27:17 PM PDT by Brugmansian
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To: Perdogg
I read somewhere that it was a “grey” vote that elected 0bama since the young vote, no matter how disproportional, was still relatively small compared to the elder vote.

They mobilized the youth vote. Axelrod had done it in MA when he ran Patrick. Obama lost the over 60 vote 47/51.

The Catholic vote also decided the issue. Obama got 54%. They are the swing vote in American politics.

Before my Catholic friends get upset let me add that, among Catholics who attend Mass one or more times a week, Obama lost in a landslide. He won because of cultural/ethnic Catholics who may not have been to Mass in decades. Pew has the religious vote here

21 posted on 08/16/2010 7:39:13 PM PDT by Brugmansian
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To: Poundstone
Not a good time to be graduating from college!

Seems to be working out for most of them--graduate college, throw a few resumes into the economic hurricane, embrace defeat and move back in with mom (dad optional) and kick back as a proud member of The Leisure Class. And to all those parents who puffed up with pride years ago and declared, "I want my child to have a better life than me!", well, you better be careful what you pray for in the future cuz yer kids are living the good life and you're paying the freight. Enjoy!!

22 posted on 08/16/2010 7:50:34 PM PDT by randog (Tap into America!)
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To: Brugmansian

thank you for the clarification


23 posted on 08/16/2010 8:19:34 PM PDT by Perdogg (Nancy Pelosi did more damage to America on 03/21 than Al Qaeda did on 09/11)
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