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53 Percent Of All Young College Graduates In America Are Either Unemployed Or Underemployed

 
^ZytO^
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05/07/2012 09:53 AM
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53 Percent Of All Young College Graduates In America Are Either Unemployed Or Underemployed
If you are in college right now, you will most likely either be unemployed or working a job that only requires a high school degree when you graduate. The truth is that the U.S. economy is not coming anywhere close to producing enough jobs for the hordes of new college graduates that are entering the workforce every year.

In 2011, 53 percent of all Americans with a bachelor's degree under the age of 25 were either unemployed or underemployed. Millions upon millions of young college graduates feel like the system has totally failed them. They worked hard in school all their lives, they went into huge amounts of debt in order to get the college education that they were told they "must have" in order to get a good job, but after graduation they found that there were only a handful of good jobs for the huge waves of college graduates that were entering the "real world".

All over America, college graduates can be found waiting tables, flipping burgers and working behind the register at retail stores. Unfortunately, the employment picture in America is not going to get significantly better any time soon.

All over the United States, "middle class jobs" are being replaced by "low income jobs" and young college graduates are being hurt by this transition more than almost anyone else. Massive numbers of young college graduates are now working jobs that do not even require a high school degree. Some of the statistics about young college graduates are absolutely astounding.



READ MORE

[link to theeconomiccollapseblog.com]
2009lincolncent.com
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User ID: 673202
United States
05/07/2012 10:06 AM
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Re: 53 Percent Of All Young College Graduates In America Are Either Unemployed Or Underemployed
If you are in college right now, you will most likely either be unemployed or working a job that only requires a high school degree when you graduate. The truth is that the U.S. economy is not coming anywhere close to producing enough jobs for the hordes of new college graduates that are entering the workforce every year.

In 2011, 53 percent of all Americans with a bachelor's degree under the age of 25 were either unemployed or underemployed. Millions upon millions of young college graduates feel like the system has totally failed them. They worked hard in school all their lives, they went into huge amounts of debt in order to get the college education that they were told they "must have" in order to get a good job, but after graduation they found that there were only a handful of good jobs for the huge waves of college graduates that were entering the "real world".

All over America, college graduates can be found waiting tables, flipping burgers and working behind the register at retail stores. Unfortunately, the employment picture in America is not going to get significantly better any time soon.

All over the United States, "middle class jobs" are being replaced by "low income jobs" and young college graduates are being hurt by this transition more than almost anyone else. Massive numbers of young college graduates are now working jobs that do not even require a high school degree. Some of the statistics about young college graduates are absolutely astounding.



READ MORE

[link to theeconomiccollapseblog.com]
 Quoting: ^ZytO^


good article. It says we are shifting away from an "employment economy", but to what though? Ultimately, an economy where everyone is unemployed cannot possibly sustain itself. People have to work to keep society going.
Anonymous Coward
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05/07/2012 10:07 AM
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Re: 53 Percent Of All Young College Graduates In America Are Either Unemployed Or Underemployed
Some sobering shit. But who is even paying attention?
^ZytO^ (OP)

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05/07/2012 10:10 AM
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Re: 53 Percent Of All Young College Graduates In America Are Either Unemployed Or Underemployed
i dont think many people are
thats the problem
2009lincolncent.com
Anonymous Coward
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Hong Kong
05/07/2012 10:12 AM
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Re: 53 Percent Of All Young College Graduates In America Are Either Unemployed Or Underemployed
Been like this for a while now.

I guess you were sleeping.

Most people are not in work that was their original career choice if you know what I am saying.
Anonymous Coward
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05/07/2012 10:20 AM
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Re: 53 Percent Of All Young College Graduates In America Are Either Unemployed Or Underemployed
Come on now lack of jobs for college graduates has been going on for generations now. Millions of people were never able to use their degrees for anything but being able to see things more analytically and think their way into other sorts of careers that did not really require college degrees; but were able to be one step ahead of the regular people in the jobs they did find.
samanthasunflower

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05/07/2012 10:27 AM

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Re: 53 Percent Of All Young College Graduates In America Are Either Unemployed Or Underemployed
A high school graduate actually has a better life in this economy. They don't have the debt that a college student has, and can afford to work part time and live at home or with a bunch of roomates.

Meanwhile, the college student must be able to make enough to pay Uncle Sam. Quite a scam we have here. The public schools have students for 13 years (kindergarten through High school) and tell those students over and over again, how they MUST go to college. Then when the person graduates from college, they are in debt up to their eyeballs to Uncle Sam.

It's the new form of slavery.
Anonymous Coward
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05/07/2012 11:46 AM
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Re: 53 Percent Of All Young College Graduates In America Are Either Unemployed Or Underemployed
A high school graduate actually has a better life in this economy. They don't have the debt that a college student has, and can afford to work part time and live at home or with a bunch of roomates.

Meanwhile, the college student must be able to make enough to pay Uncle Sam. Quite a scam we have here. The public schools have students for 13 years (kindergarten through High school) and tell those students over and over again, how they MUST go to college. Then when the person graduates from college, they are in debt up to their eyeballs to Uncle Sam.

It's the new form of slavery.
 Quoting: samanthasunflower


clappa

I realized this all too late. Oh well. Lets hope the earth actually does something this year... erase all my debt.

Isn't it annoying how they trick you into going to university when ur still a kid. assholes grrr.

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