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The unemployment rate for recent college graduates is getting dangerously worse
Yahoo ^ | November 9, 2019 | Yahoo

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 ...


TOPICS: Chit/Chat; Society
KEYWORDS: 2020election; college; dnctalkingpoint; dnctalkingpoints; election2020; graduates; hilarity; humor; karma; mediawingofthednc; partisanmediashills; presstitutes; smearmachine
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To: GuavaCheesePuff

Worse for whom? Those who chose to major in Minority Studies, or Social Justice Actions, or Art History in the Seventeenth Century, or other “socially relevant” topics bear the brunt of the unemployment consequences? I think a closer look at the statistics will show that the unemployment rate is not randomly distributed across all majors.


21 posted on 11/10/2019 7:26:25 PM PST by econjack
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To: GuavaCheesePuff

Complete BS!


22 posted on 11/10/2019 7:28:01 PM PST by know.your.why
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To: GuavaCheesePuff

The problem is not what they majored in, but their total lack of any knowledge whatsoever.

A Department of Education study in 2008 found that 5% of ‘college graduates’ were illiterate, and another 20% read at the fifth-grade level. I doubt if there has been any improvement in the past eleven years, probably just the opposite.


23 posted on 11/10/2019 7:28:41 PM PST by proxy_user
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To: Shadow44

Did your BIL “recover”?


24 posted on 11/10/2019 7:28:46 PM PST by Paladin2
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To: Paladin2

Not yet, I think he’ll manage since he has a lot of hands on experience and could switch over to a job as a machinist or something like that if need be, but it was extremely short notice. They had the audacity to demand that they be shadowed by their replacements so they could “learn the ropes”.


25 posted on 11/10/2019 7:32:07 PM PST by Shadow44
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To: GuavaCheesePuff

Too many womyn studies majors. And how many people can NCIS hire?


26 posted on 11/10/2019 7:32:59 PM PST by DaxtonBrown
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To: GuavaCheesePuff

Learn to Code! Isn’t that what the Libs like say to other displaced workers?


27 posted on 11/10/2019 7:36:39 PM PST by lee martell
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To: GuavaCheesePuff

Don’t major in stupid degrees

Engineers
Doctors
Nurses
Mathematicians

All are doing just fine


28 posted on 11/10/2019 7:36:41 PM PST by Nifster (I see puppy dogs in the clouds)
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To: Shadow44
"They had the audacity to demand that they be shadowed by their replacements so they could “learn the ropes”."

From posts here, that almost always seems to be the case...

29 posted on 11/10/2019 7:37:01 PM PST by Paladin2
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To: Shadow44

Happens all the time. Personally seen it. Not sure why there is so much denial on the board.


30 posted on 11/10/2019 7:38:15 PM PST by StolarStorm
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To: GuavaCheesePuff

Same as always...
An education is an investment in yourself.
If you invest in junk bonds, your chance of getting a good return is unlikely.


31 posted on 11/10/2019 7:38:18 PM PST by Zathras
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To: goodnesswins

OMG....I’d have to rant at her...so that’s what they’re teaching now....


32 posted on 11/10/2019 7:39:40 PM PST by Aria
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To: GuavaCheesePuff

No great demand for underwater basket weavers. Nor for any of the myriad whacko gender studies, either.


33 posted on 11/10/2019 7:40:23 PM PST by Tucker39 ("It is impossible to rightly govern a nation without God and the Bible." George Washington)
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To: cpdiii

Exactly correct. Get a degree in math, science, engineering, medical etc. you have a job waiting. All my degrees were such.

****************

There’s been an ongoing effort to address that with the H1B visa program and replacement of citizens and their sense of self worth with those satisfied with sweatshop wages.


34 posted on 11/10/2019 7:41:31 PM PST by Grimmy (equivocation is but the first step along the road to capitulation)
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To: GuavaCheesePuff

Not a lot of demand for grads of liberal schools with degrees in African or Women’s Studies, or Social “Sciences”.


35 posted on 11/10/2019 7:41:50 PM PST by octex
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To: cpdiii
Exactly correct. Get a degree in math, science, engineering, medical etc. you have a job waiting. All my degrees were such.
AMEN.

With any of those degrees one is guaranteed a job anywhere in this country and anywhere in the world.

The only problem might be where some cities now have "urban" engineers. The big stink had been that there were no or few WOMEN engineers so some cities invented "urban engineers," that is, women "engineers" in charge of the city parks and gardens. WHAT a load.

My husband was a mechanical engineer and could do anything. He had a pair of dark green overalls with the following in bright yellow paint on the back:
HIT N' MISS ENGINEERING.

He's passed on and I still miss him.

36 posted on 11/10/2019 7:42:35 PM PST by cloudmountain
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To: GuavaCheesePuff

Learn to code.


37 posted on 11/10/2019 7:44:30 PM PST by TADSLOS (You know why you can enjoy a day at the Zoo? Because walls work.)
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To: octex
Not a lot of demand for grads of liberal schools with degrees in African or Women’s Studies, or Social “Sciences”.

They MIGHT get hired by some companies wanting to meet some racial quota. Those who do get hired that way will find out that they have little or nothing to do.
They may be amused at first but it might get on their nerves knowing that they are merely the token "quota-person."

38 posted on 11/10/2019 7:44:37 PM PST by cloudmountain
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To: Paladin2; StolarStorm

I tell you, I believed the stories when I heard them, but seeing it in real life with him was the most blood boiling experience I think I ever had gone through. The people they brought in are mostly frauds with bogus credentials who don’t know the first thing about anything, and worse is that the company was a contractor for DOD. I have no idea how the DOD clears a contractor who deals with the logistics of military equipment having Chinese Nationals as employees, but that’s the case. I guess nobody gives a damn about National Security when it comes to Cheap Labor.


39 posted on 11/10/2019 7:46:05 PM PST by Shadow44
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To: Paladin2

One major engineering company in Houston did not even do that. They laid off their most experienced people on the same day Bill Clinton was sworn in. Then they hired replacements with less than 2 years of experience. They were told to just copy the work done by the engineers who got cut. Hell, every ethylene plant looks the same was management’s reasoning. Cookie cutter engineering was their touted “quality program”. As well as the diversity program (why was a woman with a teaching degree in a process control engineering position?).
Pm me if you recognize the company.


40 posted on 11/10/2019 7:48:26 PM PST by Fred Hayek (The Democratic Party is now the operational arm of the CPUSA)
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