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About 1.5 million, or 53.6 percent, of bachelor's degree-holders under the age of 25 last year were jobless or underemployed, the highest share in at least 11 years.
As the AP notes, recent graduates are now more likely to work as "waiters, waitresses, bartenders and food-service helpers than as engineers, physicists, chemists and mathematicians combined."
By those measures, college grads are actually faring worse in the job market than the overall youth population.
Also: "When college graduates take a low-paid, low-skill job, they're probably displacing a less educated worker, For every underemployed college degree holder, there's a decent chance someone with just a high school diploma is out of work entirely."
And I'd wager a good percentage of them have student loans costing them $500-$600 a month.
And that would be why a min wage job would hurt.
Like my niece maybe who had to move back to her parents and work p/t jobs because all she can afford to pay is her student loan bill each month.
Couldn't find a job in her field..majored in women's studies.
Are these bachelors degrees in anything useful like science, engineering, business, or technology...like where there are actually open jobs that companies cant fill?
I guess you were afraid to answer and let people know the truth about the article?
Quote:
The AP reports that students who graduated out of the sciences or other technical fields, such as accounting, were much less likely to be jobless or underemployed than humanities and arts graduates....a generic college degree used to be a valuable credential. Now that the market is flooded, diplomas count less, and specific skills count more. This means that, in many instances, associates and technical degrees may be more financially valuable than a liberal arts degree.
And I'd wager a good percentage of them have student loans costing them $500-$600 a month.
And that would be why a min wage job would hurt.
Like my niece maybe who had to move back to her parents and work p/t jobs because all she can afford to pay is her student loan bill each month.
Couldn't find a job in her field..majored in women's studies.
"It's becoming the norm for young people to move back in with their parents. In fact, 53 percent of 18-to-24 year olds are living with their parents, and 85 percent of college seniors plan on moving back home after graduation.
More recent grads are employed as waiter/waitresses and bartenders than as engineers,physicists, chemists, and mathematicians combined."
"It's becoming the norm for young people to move back in with their parents. In fact, 53 percent of 18-to-24 year olds are living with their parents, and 85 percent of college seniors plan on moving back home after graduation.
More recent grads are employed as waiter/waitresses and bartenders than as engineers,physicists, chemists, and mathematicians combined."
And in your link...it's the basket weaver degrees that can't find work.
Well gee..color me surprised.
"Miscellaneous Fine Arts" and they can't find a job. Is there even a job for that degree ?
All I have to say is that there are some really lousy HS counselors out there.
Not only did they give bad advice but encouraged these kids to take on huge debt.
Here's another good major.."Agricultural communication"
What job is that for..Dr Doolittle talking to the animals ?
Basket weaving will get you nowhere as millions are finding out. And it comes with a cost.
And in your link...it's the basket weaver degrees that can't find work.
Well gee..color me surprised.
"Miscellaneous Fine Arts" and they can't find a job. Is there even a job for that degree ?
All I have to say is that there are some really lousy HS counselors out there.
Not only did they give bad advice but encouraged these kids to take on huge debt.
Here's another good major.."Agricultural communication"
What job is that for..Dr Doolittle talking to the animals ?
Basket weaving will get you nowhere as millions are finding out. And it comes with a cost.
I don't disagree with you on that --- I often wonder what all the counselors are telling these kids.
Unemployment rates by college major :
1. Clinical psychology 19.5%
2. Miscellaneous fine arts 16.2%
3. United States history 15.1%
4. Library science 15.0%
5. (tie) Military technologies; educational psychology 10.9%
6. Architecture 10.6%
7. Industrial & organizational psychology 10.4%
8. Miscellaneous psychology 10.3%
9. Linguistics & comparative literature 10.2%
10. (tie) Visual & performing arts; engineering & industrial management 9.2%
Or this lady: "Pamela Waldron, who after eight years at KFC makes $7.75 an hour, which typically amounts to around $10,000 a year."
It's NYC I'm sure this lady could have found other employment that paid more money. What kind of a fool works at a fast food restaurant for that long? These are not supposed to be "careers" they are temporary jobs meant to give a young person some work experience so they can move on to greener pastures. It's called working your way up the food chain.
About 1.5 million, or 53.6 percent, of bachelor's degree-holders under the age of 25 last year were jobless or underemployed, the highest share in at least 11 years.
I see those Democrat policies that have been forced on us for the last four years have worked out really well for them.
And you guys re-elected the stooge, instead of rightfully replacing him with someone who's got a proven track record of building economies. I think I named the wrong person as the stooge...
You've been extremely active in this thread, yet you totally ignored my challenge to start your own franchise business and pay your employees $15 per hour while raking in your millions.
I'm completely shocked. Completely.
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