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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: Veto!

“SJWs major in stupid things like gender studies. Unemployable.”

It’s worse than that, they have no face-to-face skills. They do not speak in complete sentences and can barely articulate a coherent thought when you frame a question in business terms.

I interview several graduate level students for an open position and was floored at how they do not have basic interaction skills.

Too much screen time methinks and screen-based learning.


81 posted on 11/10/2019 9:02:30 PM PST by Bshaw (A nefarious deceit is upon us all!)
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To: Ingtar

There’s millions of people with STEM degrees that aren’t using them, and nobody is asking why. It’s fun to make fun of the snowflake “Lesbian Interpretive Dance Studies” majors, but that’s not the real problem. The same thing is happening to Law Degrees, people are graduating law school with no job prospects and a mountain of debt because of immigrants. They’re now in the process of doing the same with the Medical Industry, they’d love to have our hospitals just like the NHS in Britain which is staffed with tons of Pakistani doctors and nurses.

The talk about “we need more STEM graduates” was just rhetoric they could use to open the floodgates and replace Americans with immigrants.


82 posted on 11/10/2019 9:02:44 PM PST by Shadow44
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To: GuavaCheesePuff

When half of the college graduates get degrees in Social Justice or some other useful field of study, what do you expect? Luckily, a lot of them minor in Burrito-making, Coffee-making and pizza-tossing, so they have something to fall back on.

And there’s always Mommy and Daddy’s basement when all else fails.


83 posted on 11/10/2019 9:03:10 PM PST by ssaftler (The opinions expressed here have not been peer reviewed, fact checked or focus group tested.)
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To: Shadow44
The same thing is happening to Law Degrees

That's always been true of Law degrees.

84 posted on 11/10/2019 9:10:38 PM PST by gogeo (The left prides themselves on being tolerant, but they can't even be civil.)
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To: goodnesswins

How many lawyers does she think the Soviet Union had...

She w/b one of the first ones without a job.


85 posted on 11/10/2019 9:13:30 PM PST by crusher2013
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To: cpdiii

Finance, Information systems, even traditional liberal arts like history, have jobs waiting if they are willing to work. But they have to show up, turn off the phone and plugs out of their ears. Oh, and a suit and dress shoes wouldn’t hurt either.

I retired at 53 in 2015 but my long-dormant Linked-In account has been having hits of people looking at my resume. I was even offered a job. If a retired academic librarian with a BA in World History, MLIS in Library Cataloging and a Ph.D. in Educational Philosophy can be offered jobs these recent graduates can be too.


86 posted on 11/10/2019 9:49:05 PM PST by Fai Mao (There is no rule of law in the US until The PIAPS is executed.)
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To: Vermont Lt
Even coders have to compete.

Lord have mercy. When did they ever repeal the principle of competing for what you want? I know unemployment is low because I personally know people beating the bushes looking for someone to hire. No experience necessary. The problem is little darlings who think they are too good to work for starting wages. Yeah you may have to “do more work.” Excuse me, but when the heck did anyone promise you an easy job?

Grow up.

87 posted on 11/10/2019 11:05:17 PM PST by hinckley buzzard (Power is more often surrendered than seized.)
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To: Paladin2

No one is responding to my daughter. She graduated with a BS in statistics with almost a 4.0 too.

I’m getting concerned. At least, she can go to grad school.


88 posted on 11/10/2019 11:09:21 PM PST by luckystarmom
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To: lee martell

Surplus of unemployed holders of the degree.


89 posted on 11/10/2019 11:11:22 PM PST by Ingtar (Bedbugs, thy name is Democrat.)
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To: GuavaCheesePuff

That is because they are dumb and decided to major in things like women’s studies or ‘hate whitey’.

JoMa


90 posted on 11/10/2019 11:19:18 PM PST by joma89
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To: GuavaCheesePuff

Meanwhile almost every business is begging for workers. The only way anyone is unemployed is if he just refuses to work.


91 posted on 11/10/2019 11:23:40 PM PST by faithhopecharity ( “Politicians are not , born; they are excreted.” Marcus Tullius Cicero (106 to 43 BCE))
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To: ocrp1982

Tell him not to work at a defense contractor. The work is slow and doesn’t pay as well as non defence work.

My husband and are both have CS degrees and met at a defence contractor. I quit when we had kids, and he got out of defence. Lots more opportunities, stock options, and higher pay.


92 posted on 11/10/2019 11:29:37 PM PST by luckystarmom
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To: GuavaCheesePuff

Not just worthless degrees but these people aren’t working their way through college they are borrowing money to finance their education and maintain a lifestyle at the same time. They don’t have any worthwhile skills because a degree in gender studies combined with no work experience makes them a poor investment as an employee.


93 posted on 11/11/2019 12:19:22 AM PST by webheart
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To: GuavaCheesePuff

Would Yazoo run with krap like this if Hitillry won?


94 posted on 11/11/2019 12:59:44 AM PST by mosesdapoet (mosesdapoet aka L,J,Keslin posting here for the record hoping some might read and pass around)
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To: GuavaCheesePuff

My recent-college-grad kids are employed just fine. Then again, they majored in areas that companies actually want.


95 posted on 11/11/2019 1:20:20 AM PST by SauronOfMordor (A Leftist can't enjoy life unless they are controlling, hurting, or destroying others.)
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To: GuavaCheesePuff

Worthless university degrees priced outrageously high.

College is a scam unless you are studying something worthwhile.

The fact that a degree in gender studies costs the same as one in engineering is a crime.


96 posted on 11/11/2019 1:23:18 AM PST by Erik Latranyi (The Democratic Party is now a hate-group)
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To: neverevergiveup

It does not end with Medicare for all....for illegals.

They need housing.
They need food.
They need transportation.
They need education.
They need university degrees.
They need basic income.

That $52 trillion grows exponentially as the socialists collapse our economy.


97 posted on 11/11/2019 1:30:07 AM PST by Erik Latranyi (The Democratic Party is now a hate-group)
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To: ConservaTexan

All the poli aci majors are in call centers at minimum wage with quota bonuses because that’s all they learned ..... how to win an argument loading their listener down with words.


98 posted on 11/11/2019 1:32:27 AM PST by knarf (I say things that are true, I have no proof, but they're true..)
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To: GuavaCheesePuff

Unless I missed it in the article, which degrees are being surveyed. Also, there are many high paying Vocational jobs. College is not for everyone.


99 posted on 11/11/2019 2:30:47 AM PST by duckman ( Not tired of winning!)
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To: GuavaCheesePuff
This is not a worrisome trend. In fact, it’s a good lesson on the idiocy of college education for many Americans.

The harsh — but comical, in a way — truth is that many, many college graduates are less employable at the age of 22 than they were at the age of 18. That’s because college has turned them into ignorant, entitled morons.

100 posted on 11/11/2019 2:32:17 AM PST by Alberta's Child ("In the time of chimpanzees I was a monkey.")
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