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Economy
In reply to the discussion: STOCK MARKET WATCH -- Black Friday, 23 November 2012 [View all]Demeter
(85,373 posts)12. 1 in 2 new graduates are jobless or underemployed
http://news.yahoo.com/1-2-graduates-jobless-underemployed-140300522.html
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.
An analysis of government data conducted for The Associated Press lays bare the highly uneven prospects for holders of bachelor's degrees...Taking underemployment into consideration, the job prospects for bachelor's degree holders fell last year to the lowest level in more than a decade...
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.
An analysis of government data conducted for The Associated Press lays bare the highly uneven prospects for holders of bachelor's degrees...Taking underemployment into consideration, the job prospects for bachelor's degree holders fell last year to the lowest level in more than a decade...
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