Posted on 10/21/2015 11:56:55 AM PDT by SeekAndFind
There are currently 6.5 million more students in the U.S. with bachelor's degrees than there are jobs available that require such degrees, including jobs expected to be created by 2022, according to data from the Bureau of Labor Statistics (BLS), but the Obama administration is still expanding programs to encourage even more foreign students to stay in the U.S. and work after graduation.
There were 35,632,000 Americans age 25-64 with bachelor's degrees in 2014. If you include people age 20-24 and 65 years and older, the number grows to 45,176,000, according to the BLS statistics, reported The Washington Free Beacon.
There were 26,033,000 jobs that required bachelor's degrees in 2012, a number that is expected to grow to 29,176,700 by 2022.
"This means that the number of Americans who hold bachelor's degrees now, in their working years, exceeds the number of jobs created by 2022 for bachelor's degrees by 6,458,300," reported the Free Beacon's Ali Meyer.
These statistics are often a result of employers requiring credentials that are not necessarily needed to perform a job, according to Neal McCluskey, director of the Center of Educational Freedom at the Cato Institute.
"Many more employers may well be asking for credentials mainly because they can, not because they now have the need for certain skills and abilities that people can learn in college and more importantly can only learn in college," McCluskey said.
"About one-third of people with bachelor's degrees right now are in jobs that don't require that credential," he said. "Many of those are people who-it's not just the new recent graduates looking for a job-these are many people who they have been on a permanent career track that isn't a job requires a degree."
President Obama's executive actions to encourage foreign students in science and technology fields to stay in the country and work after graduating certainly doesn't help either.
The administration announced Friday the expansion of the Optional Practical Training program, which will allow foreign STEM students to stay in the U.S. for up to three years after getting a degree. Hundreds of thousands of students are expected to be covered under the program, which would increase the amount of time foreign students are allowed to stay and work from 29 months to 36 months total, reported The Washington Times.
It would also save businesses hundreds of thousands of dollars a year because they do not have to pay payroll taxes on the wages of workers in the program, as they are still considered students even though they have graduated.
David North, a fellow at the Center for Immigration Studies (CIS), said that the program would harm American workers already looking for jobs in the U.S.
"You're not only talking about replacement workers, you're talking about cheap replacement workers," North told the Times.
CIS estimated in a recent report that the U.S. had "twice as many people (immigrant and native) with STEM degrees as there were STEM jobs."
RE: I’m a software engineer, and there seems to be plenty of work in my field for guys with software training and experience.
What language do you program in? Let me guess — It is NOT COBOL, PASCAL or FORTRAN...
Only the under water advanced basket weaving is worth the time
Wow, I learned to program in those in HS back in 74, quickly decided not my game..
I heard there were too many students drowning...
That may be whey the graduation rate was so low that year.
RE: How many have BA degrees in worthless majors such as Journalism or Communicatios (Radio/Television) whee there are no jobs?
How about PR and advertising firms? What about digital media? can’t these degrees be useful there?
Interesting.....Earned my degree in Communication (Journalism)
fifty years ago....Am still making a good living in broadcasting.
In my experience, your brush strokes are a bit broad.
My BA in Molecular Biology from Revelle College, UCSD carried a higher standard of performance than the BS degrees from the other colleges on campus. If I had started one year earlier, my requirements would have included oral and written proficiency in two foreign languages instead of one. I haven't been unemployed since the day I graduated.
Yes, I do know how to insert paragraphs, but I wasn't really intending to write a job requirements document :-)
Don’t worry. Cruz wants to raise the H1-B visa quota to half-a-million per year. He’ll fix it.
</sarc>
Get you butts to work anywhere boys and girls! Whatever it takes! People will hire someone who has a job faster than someone who’s been unemployed for a while.
It kind of shows drive, responsibility and all that. Yes, I know there are exceptions.
In 1935, the WPA was created to cement cracks in the rock formations in the nations parks.
We now need more than ever, a new BWA, to employ our graduates to weave baskets. It’s the only way to get the economy back on track! A basket in every home, a chicken in every basket, etc...
“It’s very hard to find applicants with a clean record and the aptitude to do the job.”
A good friend of mine, who is director of HR at the largest hospital in my area says that a majority of applicants for all open positions, from orderly to surgical nurse, are rejected because they (1) can’t pass a drug test or (2) have a criminal record or (3) both. But the most common reason for termination, once hired, is not lack of aptitude but rather chronic tardiness or absenteeism.
Many biology majors are pre-med, but few of them gain entrance to med school or decide (for reasons of cost, time, or subsequent disinterest in a career in medicine) not to go to med school. Hence, there is a glut of undergrad biology majors with few attractive job opportunities after graduation.
Microbiology, yes. That’s about the ONLY field in Bio-Sci that’s still got some movement these days. I’m also willing to bet that she’s under 25. If you’re older than 30-35, good luck.
Well lets start by removing any degree that ends in “studies” and re-figure those numbers.
That great! Our daughter is working towards a BS in Dental Hygiene, she almost went towards microbiology degree.
It wouldn’t be difficult for them to turn the BS into a RN degree.
6 of my nine nephews, ages 25-35, have been flopping around like gaffed fish, except for one who made it on his own and two who got jobs through their connected father. The others have had to scratch and claw. It’s tough out there. They picked a bad time to graduate. Only four are moonbats, which is encouraging.
Trade School or Community College may be the answer when there is a glut of BS degrees.
Especially when the Leftist professors are mostly teaching the kids B.S.
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