"One word...'Plastics'".
Posted on 05/01/2013 6:42:03 AM PDT by SeekAndFind
NEW YORK - More than 40 percent of recent U.S. college graduates are underemployed or need more training to get on a career track, a poll released Tuesday showed.
The online survey of 1,050 workers who finished school in the past two years and 1,010 who will receive their degree in 2013 also found that many graduates, some heavily in debt because of the cost of their education, say they are in jobs that do not require a college degree.
Thirty-four percent said they had student loans of $30,000 or less, while 17 percent owed between $30,000 to $50,000.
"For our nation's youngest workers, as well as for the workforce at large, there is a real need for employers to reexamine how they hire, train and develop their employees," said Katherine Lavelle, of the global management consulting firm Accenture, which conducted the survey.
Nearly half, 42 percent, of recent graduates expect they will need an advanced degree to further their career and almost a quarter are already planning to take graduate courses.
More than half of graduates said it was difficult finding a job, but 39 percent were employed by the time they left college. Sixty eight percent said they are working full time, while 16 percent are in part-time positions.
The top industries that graduates wanted to work in were education, media and entertainment and healthcare.
(Excerpt) Read more at nbcnews.com ...
Or, they went to college and they can out with the same job skills they went in with so they aren't underemployed.
RE: Or, they went to college and they can out with the same job skills they went in with
And tens of thousands of dollars in tuition debt to boot.
"One word...'Plastics'".
What a sad commentary.
Most of these recent graduates aren’t “underemployed”. Instead, they are seeing that a college degree is now worth little, and comes with a mountain of debt. The college degree has been devalued by: (1) the idea that everyone must go to college regardless of whether the student is college material; (2) worthless majors like sociology, Women’s studies, and African-American studies; and (3) the fact that most students are coming out of college with minimal skills because college is now more about indoctrinating than educating.
I don’t fault the students for this. Most don’t have the maturity at that age to realize that they have been hoodwinked for hundreds of thousands of dollars for an increasingly worthless degree.
Abolishing the EPA would be a start in my opinion.
I guess I had my sarcasm meter turned too low.
Sad how colleges claim “educational attainment”, yet, many kids come out worse off after college.
It really is not the cost of salaries that kills American jobs. It is the cost of Government overhead and intervention that kills American jobs. With a Congress that believes in spreading the wealth to underdeveloped Nations there is no hope of getting them to back off. They are squashing the American job market intentionally.
That guy on the right may admit his mistake, but will still vote for the (d) in every election.
I am all for eliminating the excess fat on the American bureaucracy don’t get me wrong. But we need to bring American jobs back now.
Do not wait.
Bring back US jobs now. Fight at the same time for the elimination of a thousand levels of job-killing bureaucracies.
Fight it all tooth and nail. Welfare, handouts.
But bring back US jobs now.
First. While the other fight is being fought.
First you lament the lack of employment in the US, then you champion raising taxes! Great, no manufacturing in the US and double the prices on goods. Yeah, that will fix us.
come on, broaden your perspective a bit.
The solution is not mainly tied to salaries, but instead on production time and cost. I have one heck of a time getting a machine shop to make prototypes of designs without having to pay thousands in addition to having to order hundreds or thousands to get anywhere near the cost of having ones and twos made offshore. Most times I can have the part in hand before the G-coders even get the first code check done, all because they will not upgrade their software to generate cut paths in minutes instead of weeks.
Why can they not upgrade? Mostly because they get absolutely no credit tax wise for doing so. Our government killed the tax credits for modernization and upgrades to keep production at its highest which brings lower prices. Their policies sent the work offshore. So when I go offshore, the time to get the job done reduces the labor cost tremendously. I can pay for someone to load the model file and let the computer do the work in minutes or I can pay to have someone manually produce G-code from prints and drawings for a week. What choice would you make?
Only on imports.
RE: What is the expected wage for a BA in Gender Studies? It could be that $10k / year i
Depends on who’s hiring. Government and academia will pay highly for that ( courtesy of you and me of course ).
Define 'underemployed'. If a person graduates with an art history degree and is working in a Starbucks then are they underemployed? Or do the metrics take into account that the degree was basically worthless to begin with and that any job is a step up?
I knew there was a catch.
What I am trying to get across is that jobs are not tangible items. You cant pack them in boxes and bring them back. They never left in the first place. Jobs are productivity. All the massive government increases in regulations make it harder to produce the same goods in America than anywhere else. All the increases in Governent taxes come right out of the Net profit from the goods you produce. Say you make lightbulbs by the millions, and you make a penny each for everyone you produce. OSHA comes in and says your workers get tired feet, every one needs rubber mats. You go to buy a 50 dollar rubber mat and you find out you have to have a federaly approved mat. Now its a 100 dollar mat. So your ten workers get a thousand dollars worth of mats. And then the EPA says you now have to cut your smoke emissions by half. Even though your present polution levels are less than any other country in the world. So you spend 50,000 bucks putting in a scrubber system. And then the Obama care kicks in and you have to hire a new accountant just to fill out the paperwork for 30,000 bucks a year. You made 2 million pennies for the year. thats twenty grand. You paid 79 million pennies out for government compliance. You dont ship your jobs overseas, You sell your house to pay your bills and close shop. And china raises the price of their light bulbs by five cents each. That is the way it works in the real world. You cannot bring American jobs back. Those jobs are now illegal because you cannot comply with the new government standards. So Americas wealth is shipped overseas to developing countries and share the wealth wins. And China develops its military, because it is not afraid to cut down American trees or drill or American oil. Now that the American Military is on severe budget cuts. So, PLEASE stop with the simplistic, "bring American Jobs back". The truth is Bring Freedom back to America!
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