Surely this lag or absence of hiring recent college graduates has absolutely nothing to do with what universities are teaching these days.
Or nothing to do with the degrees offered.
Surely.
You're paying for your own stupidity and ignorance. Enjoy your hope and change.
Since all liberals are brilliant intellectuals, that means that a large majority of highly educated job-seekers are liberals. It only stands to reason that since they are going to be seeking jobs in government, in order to change everything into paradise, they should be subsidized while the economy is bad, in order to nourish them while they await their positions which they will fill with their brilliance.
/s/
Unemployment rate,
based on educational attainment,
for jobseekers 25 and older
Less than high school: 15%
High school, no college: 10.8%
Some college or associate degree: 8.5%
Bachelor’s degree or higher: 4.9%
Isn't that what Barry wanted, Spread the wealth around... Oh well, wealth, misery? It's all the same in a socialist paridise.
This is one reason why states and municipalities are being so hard hit. In past recessions, layoffs generally hit the lower-payed, uneducated employees. That didn’t hurt the tax revenues of states and municipalities because higher-payed, educated emplyees were still employed, paying their income taxes.
Now higher-payed, educated employees are losing those big salaries and state tax revenues are taking a big hit because of it. It may be one thing for a $50,000 per year worker to lose his job and live on $20,000 unemployment...its something entirely different when $90,000 professionals lose their paychecks and have to live on $20,000 unemployment. In that case the state’s tax revenues take a bigger hit.
i'd like to see how many philosophy majors and "fill in the blank Studies" majors vs the sciences are working
Those uneducated oafs that didn’t graduate from high school (and the ones who did, but couldn’t afford to go to college) have learned trades and work (GASP!) with their hands to earn a living while the majority of college graduates have no marketable skills beyond those created by government rules, record keeping requirements,regulations, OSHA and IRS requirements, and a host of other government programs that require the educated work of “pencil pushers.”
In reality, they have nothing that actually produces anything for society and now that times are hard, only those who actually produce a needed service or product are in a position of relative safety.
Ahh,yes, “economic justice” at last! And I guess this is what O meant when he bragged about “growing the economy from the bottom up”.