Posted on 12/14/2009 12:08:19 PM PST by Steelfish
Job Market Worsens For Recent College Graduates Unemployment among young adults is worse than the U.S. average.
Don Lee
December 14, 2009
Reporting from Washington - The unemployment rate dropped last month for men and women, blacks and whites, lifting hopes that the long dry spell in the jobs market may be coming to an end. But for recent college graduates and other young adults, the labor situation didn't just remain dire -- it got worse.
For 20- to 24-year-olds, the jobless rate rose four-tenths of a percent to 16% in November, even as unemployment nationally slipped to 10% from 10.2%.
And data from the Labor Department show that the unemployment figure for college graduates in that age group was 10.6% in the third quarter -- the highest since early 1983 and more than double the rate for older college-educated workers.
Kyle Daley, 22, of Walnut Creek, Calif., provides a grim case study. In June, Daley graduated from UCLA, one of the country's best universities. He received a degree in political science. His grade-point average: a solid 3.5.
Since January, he has applied for about 600 jobs, mostly entry-level positions such as office assistant, junior analyst and marketing associate. He has reached out to small firms and Fortune 500 companies in aerospace, entertainment, finance and government, from Alabama to Washington state.
(Excerpt) Read more at latimes.com ...
Welcome to the world of Obamanomics, kids. Next time, remember that elections matter.
Hope you’re enjoying the fruits of your protest vote against Dubya’s party, kiddos!
Buddy, your GPA and university don't amount to a hill of beans if you didn't use that opportunity to learn a marketable skill.
Taking those "easy" classes and partying all night doesn't look like such a good idea anymore, does it?
I sense a whole lot of young Republicans in the making. Nothing shakes one’s liberalism like a cold dose of reality!
I wonder how many of these are worthless majors like Poli Sci and English.
Science, Medicine, and Business - all others need not apply.
and kids, remember that it is important to know what the candidate actually stands for. This is best determined by looking at his or her PAST record, not what he or she says he WILL do.
It is also good to vote for a candidate who wants to promote industry, not punish it.
Also young folks, it is probably best to vote for the candidate who actually loves America and wants to see better days for this country, not the candidate who seems to be COOL.
Lastly, vote for a candidate based upon his character, not the COLOR OF HIS SKIN!
but, but...
“We got to vote for the cool black guy and be a part of an historic election!”
Most of them. I graduated during the worst of the Carter recession, and had no problem finding a job.
Your degree was in..?
A technical degree, of course. In Computer Engineering.
Despite mediocre grades (I was working nearly full-time), I had multiple offers.
You can throw communications on the worthless major pile. The degree cost 160 grand, but ain’t worth jack squat.
Welcome to the world of “hopey, changey” Marxism...damn shame you didn’t learn about it in college.
I like to think that I was part of a historic election that voted against this infant.
Actually, Marxism is probably the bulk of what they learned in college.
Whoa, there, my FRiend! My B.A. is in English Lit, and it's turned out to be a major job skill. Because my grammar, spelling, and punctuation are nearly perfect (also thanks to two parents who felt free to correct me right up to their dying days), and because so few Americans can still make that claim, I'm in demand for jobs that require a well-written paragraph. My current job is as a tech editor for a bunch of brilliant but writing-challenged engineers.
That said, I admit I never expected my English degree to be of any practical use. I didn't realize 35 years ago that the standard of American literacy was going to decline so drastically.
What do you want to bet that when SP kicks his butt in 2012, that the whole “historic election” isn’t all that prominent in the news media.
Well lets see..English major friend down the street in a law firm making 38k per year..sounds pretty cushy to me. Certainly better than being an unemployed science guy.
And I can vouch for engineers and science grads having a hard time of it too. Might want to look these stats up so you won’t look clueless.
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