Skip to comments.1 in 2 college grads today are without jobs or underemployed
Posted on 04/23/2012 4:19:52 PM PDT by SeekAndFind
The link is to an AP study so I won't quote directly from it. But the bottom line is that, after going to college and getting a degree in the arts or humanities, the chances of getting any kind of well paying job when you graduate that will help ease the student debt burden are practically nil.
Young graduates with a bachelors degree are likely to be working as baristas, waiters, waitresses, or other low paying jobs. This is partly the result of the elimination of mid-level management positions as well as jobs becoming far more specialized so that a creative writing degree gets you absolutely nowhere in the labor market.
About 1.5 million or 54% of bachelor degree holders were jobless or underemployed. That's the highest number since 2000 when the do com bubble burst and opportunities for graduates dried up. And it's only going to get worse. The government estimates that by 2020, out of 30 occupations with the largest number of job openings, only 3 will require a college degree. Most jobs are expected to be in professions such as retail sales, fast food and truck driving - jobs which aren't easily replaced by computers.
One interesting stat; students from southern states are more likely to be employed and in higher skilled jobs than other areas of the country. The Mountain West does the worst in this regard.
(Excerpt) Read more at americanthinker.com ...
Wow that’s really strange. And with business just dying for people with these skills...............
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Not sure how a person with a degree in “victim group” studies could possibly be underemployed...
Obviously, the solution here is to tax the rich and punish job-creating corporations with punitive regulations.
I thought that “green jobs” was the solution to everything.
Talk about beating a dead horse...
1 out of every 2 have a useless degree in a subject no one has ever heard of . No surprise here .
How many are married women caring for their homes and children? (Just about the entire homeschooling population of the US, to start with.) I’m a college graduate and without employment.
No, they don't have jobs as waiters and barristas ~ they are simply unemployed. The 50% who are employed have those jobs.
Doesn't matter what their field of study was either.
Virtually 100% of workforce UNEMPLOYMENT has been loaded on the young.
Somebody thinks this is a neat idea I am sure. Weimar Germany did something similar ~ then somebody else had the neater idea of brown shirts, red armbands, and you know the rest.
It's coming folks.
The truly pitiful aspect the lack of ability to discharge their educational debt in bankruptcy.
Whoever sold them an education under those terms is part of the problem. These students are fighting back.
Meanwhile, back on the ranch, technical job applicants are in high demand, and rising.
Very few kids appreciate the infrastructure that makes “life as they know it” possible.
Good money in maintaining it.
Very Grim, below expectations.
Of course the next generation deserves better than an “0bamaeconomy”!!!!
I wanted to weave in words that the left applied against Bush
Shrugs. I could care less. At least half or more of these sh*ts voted for Obama. I remember the election night well —we were getting the big “in your face” from a lot of college kids we knew — knowing full well their parents were totally appalled that they were in support of this mess.
They get what they voted for.
That was propaganda. About 2/3 of them didn't vote at all.
Obama wants you to believe he had the youth vote locked up.
Can’t disagree, but, I’m not sure you understand what I’m implying that with Dear Leader, they have no “Hope of Change”.
Just a big bill for a dumbass education that has very little to do with reality.
They won’t be able to even fix their own toilet.
Very true. The real criminals are the lying schools that tell prospective students how "valuable" worthless degrees are.
The majority of the blame is not on the students. It's on the university liars who tell them how very marketable degrees in theater arts, sociology, etc. are.
Take a look at most college handbooks. They make it seem as if a degree in film studies is as valuable as a degree in petroleum engineering. They lie to vulnerable 17 and 18 year olds.
This is one rare case where I want more government intervention. The Fed's should require all schools to publish employment statistics on their degrees, including all salary data.
Look for Obama’s margin among the youth vote to drop.
What a coincidence! 0 out of 2 people in the Cyber household give a crap!
college grads SHOULD be underemployed or unemployed. They should have enough FIRE in them to desire to work their way up. Or at least start with a menial job that gets them in the door. This stinkin’ “I AM OWED A GREAT JOB AT SPECTACULAR PAY... NOW!” attitude is sickening.
How about a detailed list of majors and then the percent employed in their major or something close? That would be interesting.
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