Posted on 11/10/2019 7:06:21 PM PST by GuavaCheesePuff
New data from the New York Fed highlights how the job situation for recent graduates is worsening. While the rest of the labor market trends favorably, fresh graduates are more likely to be unemployed than the base U.S. working population. That has not happened before in the New York Fed data going back to 1990. While the unemployment rate for all college graduates aged up to 65 (blue line) is trending lower — currently near its lowest level of this current economic cycle — the market for recent college graduates (red) is bucking the overall trend. With the backdrop of a robust U.S. labor market, this is “an important and worrisome trend to watch because it never dropped to prior cycle lows,” DataTrek’s Jessica Rabe wrote in a note. “Even though those who have graduated from college typically get hired before less educated workers.”
(Excerpt) Read more at yahoo.com ...
Fake news
Well, we need a study of “real” graduates vs. those of “Studies” programs/degrees.
Degrees in worthless, made up fields do not guarantee employment.
Well, I’m sure that the Democrat plan to increase the number of illegal immigrants in the country, and to raise taxes to pay for a 52 trillion dollar ‘Medicare for all’ plan will fix this..
Exactly correct. Get a degree in math, science, engineering, medical etc. you have a job waiting. All my degrees were such.
SJWs major in stupid things like gender studies. Unemployable.
“Well, we need a study of “real” graduates vs. those of “Studies” programs/degrees.”
—
Just not as many openings these days for those with PHDs in underwater basket-weaving and transitional gender studies.
Oh geesh...here we go with another month of “this is portent of economic disaster”.
“Degrees in worthless, made up fields do not guarantee employment.”
It used to be that if you had a four year degree, even if it didn’t involve a specific field of applicable training, you were at least educated in how to think for yourself and approach things logically. Now you are taught political correctness and are potentially indoctrinated. Very sad that this is what has happened to American education.
Having a degree in Transgender development of sitting on your Arse don’t cut no ice. Can you drive that front loader or lay out a 16” center stud wall? I didn’t think so.
Can they read? Can they add 3 + pi? Did they major in something other than “I hate Trump with a minor in I hate Rudy?” If they can speak and majored in something meaningful, they wouldn’t have a problem getting a job in Trump’s economy.
White college students are not even considered .
Except at universities where they are in high demand. The universities need professors to promote and propagandize those useless degrees. It’s a vicious cycle.
Indeed. My son who is a double major in Computer Science AND Electrical Engineering and is in his senior year AND is also prepping to take the PE test has companies contacting him on a regular basis.
He has turned down most of them. He is intent on working for a Defense Contractor in a southern state. His preference is Texas. No Income Tax.
That may be true but - STOP HATING, YOU RACIST!
This is an outdated talking point. The fact of the matter is STEM degrees aren’t a safe bet anymore, nothing is. H1B visas are crowding out STEM, Legal, and Medical professions and nobody is acknowledging it. The GOP pretends this is “high skilled immigration we need” when it is simply hollowing out the middle class even further.
My own brother-in-law had his entire engineering department dissolved so that they could replace everyone with Indians and Chinese.
“Cod fishermen are finding it difficult getting jobs in eastern Montana.”
My niece just got her law degree...far as I’m concerned her degree is Fake since she says we should no longer use the Constitution as a guide, since America has changed so much. I’m so livid I’m holding back right now...but...can’t for long.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.