Skip to comments.1 in 2 new graduates are jobless or underemployed
Posted on 04/22/2012 12:31:28 PM PDT by 2ndDivisionVet
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....
(Excerpt) Read more at news.yahoo.com ...
In today’s “labor market”, a college diploma doesn’t mean much. Everybody has one. Employers are looking for people who are willing to work. IMHO.
Six years' worth of youth being wasted on unemployment! BTW, that's not "unemployment compensation", that's just plain old joblessness.
Their employment environment is remarkably similar to that of youth their age in Greece, Spain and North Africa!
The authors name is Hope Yen
Not Hope Yet??
in the obamite’s way of thinking, the unemployed are their most loyal voting block. this is how they hope to carry “the youth vote” in november.
and the “yoots” are probably stupid enough to give it to him. I live in a college town, and I am already seeing empty headed college kids wearing their obama buttons.
I don’t know about other fields, but in my area (humanities) you typically need at least a master’s degree to get a job directly relevant to your college coursework. The exception is graduate school, of course, but that’s a rather complicated definition of “job”!
Don't fall into the trap of blaming America's 53% unemployment rate among youth on the victims of the failed policies of this government.
Out of all the trillions poured down the drain NONE of it went their way.
Remember, you don't get unemployment compensation unless you had a job. Job training doesn't help you get a job when there are no jobs.
There's a good 15% of the electorate who would not vote for a Democrat for anything. Now it's time for Republicans to figure out how to get those guys to vote FOR a Republican.
I'm pretty sure any candidate who favors importing more illegals won't get their votes, and I'm equally sure they won't vote for anyone they view as cut in the mold of the employers who aren't hiring.
Im way underemployed. But at least I work. and have returned for a grad degree.. it is what it is..
But what about the fields booming under Obama? Fields like repossession, Foreclosure, greeter at the food stamp office, Temp at the unemployment office, auctioneer for bankrupt solar companies and coming this summer paid neighborhood watch captains after the riots start. All these grads are just looking in the wrong fields.
I find it interesting that AP is highlighting such dismal news just before the re-election bid of their boy king...Why do I suspect that the Journolisters are just running stories like this to gin up another “crisis” that Obama will need to solve?
First, blame on the policies of the Bush Administration and then, propose a huge Federal bailout of student loans in order to “help” struggling students who are burdened under a “mountain of debt”. Wouldn’t that be a great way to bring back the youth vote just in time for November?
And if someone should dare to mention that we don’t have any money left or, even worse, mention that if someone was dumb enough to borrow 100K for a totally useless, “Pity-Party” ethnic/gender studies degree, it’s their own darn fault, look for the heartless Republican meme to kick into full gear!
It’s so predictable it’s not even fun to watch any more....and Mittens Romney, along with the rest of the spineless RINOs will get played yet again and then they’ll give in and go along with whatever solution Bambi proposes cause they don’t want to be called “mean”!
If college grads are ambitious, willing to work, persevere at job search, don’t set their sights unrealistically high, have a good work history in high school and college, have an upbeat attitude toward life, and are willing to move to where the jobs are, they will find work. Mine did. It may be tougher than usual, but it can be done.
I don’t know.... I think that far too many students are taking courses to dead end careers rather than seeking out education that actually puts them in the market place.
My son graduates in May of this year with a Bachelors degree in Computer science/programming with honors (Cum Laude). He received his Associates degree Magma Cum Laude almost 2 years ago and did an internship at BCBS. When the internship was suppose to end, they kept him on.
For the past 2 months he has received a multitude of calls for interviews from many companies and he has chosen those that he wished to interview with. He was offered a job with a fantastic company and he could not believe what they were giving him for a starting rate. It was far more than what they stated at his interview which he would have been more than happy to accept as well. But this is so much better.
So I guess the saying goes - choose wisely which course you take. Literally! He chose well!
Grads need to realize that its hard work that pays off more than just having a degree. And for many it's more of a matter of paying off the degree than it is the degree paying off.
Dear college class of 2012, if you want this to change, support the only conservative standing, Newt Gingrich.
If not, then eat from dumpsters for all I care. YOU can watch your dreams burn to the ground with the rest of us.
All they need to do is call 1-800- SHOVEL READY JOBS. Ask for Hope.
“Im way underemployed. But at least I work. and have returned for a grad degree.. it is what it is..”
Good for you!!! I think most of us have to make sacrifices in our lives as we move forward in our careers...I can remember working pulling weeds and cleaning up the landscaping of a business as I was contemplating which management job I would take early in my career. I can also remember later working evenings telephone sales (yech!!!) to help keep up payments on a commercial property I owned.
I have never collected unemployment in my life, I do not begrudge those that do, it is just not for me. Just stick with it, sometimes moving forward requires taking a step back...GOOD LUCK!!!
I wonder how many of the unemployed and underemployed grads have degrees in science, engineering, technology or math.
I always thought if I lost my job I’d go back to college for nursing.
Screw that. If I go back to college, I will try to study something engineering-related.
Hussein et al will begin the meme of the war on students or the war on the young. Hussein wants to re-authorize the low interest on student loans which merely act as a subsidy for Leftist university indoctrination, while driving up tuition prices through availibility of cheap loans. This game will go on and on unless we start beating them to the punch. That’s why we should use the under-employment information and the extra 5 trillion in debt Hussein has inflicted on the nation’s young people as a bludgeon against the Left’s war on the young.