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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

How many with degrees in Women studies?


41 posted on 11/10/2019 7:48:59 PM PST by Raycpa
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To: GuavaCheesePuff

What social justice junk diploma did their Lefty “university” con them into paying half a million bucks for? They are left with no chance to recoup their losses with some minimum wage job at a calling center. Laws should be enacted that would allow students to sue for fraud.


42 posted on 11/10/2019 7:50:46 PM PST by txrefugee
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To: cpdiii

I have tons of technical degreed folks out of the work force and looking...they are older, usually with advanced degrees.


43 posted on 11/10/2019 7:52:39 PM PST by fuente (Liberty resides in three boxes: the ballot box, the jury box and the cartridge box--Fredrick Douglas)
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To: Shadow44

It’s interesting that there are so many of us former techies that can speak to this topic with real world experiences... and yet we are told that we are wrong. Wrong? Been there, done that! Seen several companies outright lie to their staff about what is going on as well. One group in a former company was told that the dots were just going to help them for after hours work. Nope. Once trained, it was 24 hours a day and the staff got canned with almost no severance. They had it in writing that they were not training their replacements. Lies. No shame at all. The replacements totally sucked and the rest of us suffered greatly as a result.


44 posted on 11/10/2019 7:53:29 PM PST by StolarStorm
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To: GuavaCheesePuff

Is it possible for these little shits to complain more than they do already?


45 posted on 11/10/2019 7:54:08 PM PST by Vermont Lt
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To: GuavaCheesePuff

Companies are begging for Production and Warehouse Supervisors. The recent grads think these operations jobs are not good enough. I know distribution centers that would add a 3rd right now if they could find supervisors. Everyone can’t be a fashion designer or film maker.


46 posted on 11/10/2019 7:58:23 PM PST by EC Washington
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To: StolarStorm

Because the board is full of old people who don’t understand the current employment picture. They hear unemployment is low, and they believe it. They hear 5% of college kids in silly majors and they think it’s all college grads.

The job world is tougher than a lot of people think. Even coders have to compete. Job efficiency means that fewer folks do more work.

And the robots aren’t even here yet.


47 posted on 11/10/2019 7:58:50 PM PST by Vermont Lt
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To: TADSLOS

Coding is not safe...Indians taking most of the lower level jobs with H-1B Visas...


48 posted on 11/10/2019 7:59:18 PM PST by Freedom56v2
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To: GuavaCheesePuff

It’s just not fair... having to spend spending $120,000 for an undergrad degree, and then not being able to find a job in lesbian climate justice intersectionality, and the gia art of fetal dismemberment. /S


49 posted on 11/10/2019 7:59:35 PM PST by patriotfury ((May the fleas of a thousand camels occupy mo' ham mads tents!))
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To: StolarStorm

Just wait until Congress eliminates the H1B country caps that they’re trying to pull off right now. It’ll be too late by then but I guarantee you that the STEM field will become 90% guest workers in the next 5 years. Any job they can’t automate they’ll fill out with immigrants.


50 posted on 11/10/2019 8:00:40 PM PST by Shadow44
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To: Freedom56v2

I saw those same Indians at Costco today.


51 posted on 11/10/2019 8:00:40 PM PST by gathersnomoss (Welcome to North Mexico, Gringo's it...)
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To: Freedom56v2

Yep.


52 posted on 11/10/2019 8:01:03 PM PST by StolarStorm
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To: GuavaCheesePuff
Related: The Coddling of the American Mind In the name of emotional well-being, college students are increasingly demanding protection from words and ideas they don’t like. Here’s why that’s disastrous for education—and mental health.
53 posted on 11/10/2019 8:01:40 PM PST by daniel1212 ( Trust the risen Lord Jesus to save you as a damned and destitute sinner + be baptized + follow Him)
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To: StolarStorm

It’s interesting that there are so many of us former techies that can speak to this topic with real world experiences... and yet we are told that we are wrong. Wrong? Been there, done that! Seen several companies outright lie to their staff about what is going on as well. One group in a former company was told that the dots were just going to help them for after hours work. Nope. Once trained, it was 24 hours a day and the staff got canned with almost no severance. They had it in writing that they were not training their replacements. Lies. No shame at all. The replacements totally sucked and the rest of us suffered greatly as a result.


Bump! Agree 100%


54 posted on 11/10/2019 8:02:38 PM PST by Freedom56v2
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To: GuavaCheesePuff

My Niece got her major in Zoology. She works now for a major pharmacy firm making equipment for hospitals and vets.

Daughter got a degree in fabrics. She has worked as a buyer for a major retailer for 20 years.
Other daughter jumped around from job to job, got a degree in accounting and works for a major window glass company.

As for me, worked days, trade school at nights. Welding, electrician, plumbing, I can do them all. NEVER been without a job.

But No-O-0! Some gotta take a course in something useless like underwater basket weaving.


55 posted on 11/10/2019 8:08:09 PM PST by Ruy Dias de Bivar
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To: GuavaCheesePuff
Kids get out of college knowing there's 50 genders and white men are bad.

Who the hell would want to hire these indoctrinated stooges?

56 posted on 11/10/2019 8:08:58 PM PST by GOPJ (In battle between socialist millionaires & eco-billionaires the only winner will be Trump-Greenfield)
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To: GuavaCheesePuff

You mean that degree in Lesbian Dance Theory doesn’t guarantee you’ll get a job?


57 posted on 11/10/2019 8:10:52 PM PST by Signalman
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To: GuavaCheesePuff
Fresh graduates are having a hard time because of the lack of experience and relevant education, according to Brusuelas. “It's a mismatch of skills,” he noted. “[And] that's perhaps weighing employment in that cohort.”

"Relevant Education" is the operant phrase.

58 posted on 11/10/2019 8:11:05 PM PST by yesthatjallen
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To: GuavaCheesePuff

You mean Starbucks has all the PhD graduates it needs with degrees in gender studies, feminist studies, social justice studies, chicanx studies, black studies... ?


59 posted on 11/10/2019 8:13:09 PM PST by aquila48 (Do not let them make you care!)
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To: GuavaCheesePuff

School and college have been so grievously dumbed down that today’s “college grads” are well behind what previous generations of even high school grads had in terms of thinking and communications skills.

Anyone who found Millennials to be a challenge to get up to speed in the workforce should just wait until they encounter their first Gen Z hires.


60 posted on 11/10/2019 8:14:44 PM PST by 9YearLurker
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