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1 in 2 new graduates are jobless or underemployed (How's that "Hope and Change" thing working out?)
google ^ | 4/23/2012 | HOPE YEN, Associated Press

Posted on 04/23/2012 3:37:01 AM PDT by tobyhill

The college class of 2012 is in for a rude welcome to the world of work.

A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don't fully use their skills and knowledge.

Young adults with bachelor's degrees are increasingly scraping by in lower-wage jobs — waiter or waitress, bartender, retail clerk or receptionist, for example — and that's confounding their hopes a degree would pay off despite higher tuition and mounting student loans.

An analysis of government data conducted for The Associated Press lays bare the highly uneven prospects for holders of bachelor's degrees.

Opportunities for college graduates vary widely.

While there's strong demand in science, education and health fields, arts and humanities flounder. Median wages for those with bachelor's degrees are down from 2000, hit by technological changes that are eliminating midlevel jobs such as bank tellers. Most future job openings are projected to be in lower-skilled positions such as home health aides, who can provide personalized attention as the U.S. population ages.

(Excerpt) Read more at google.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: bhoeconomy; generationy; youthvote
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1 posted on 04/23/2012 3:37:03 AM PDT by tobyhill
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To: tobyhill

God forbid they have to start at entry level even with a piece of paper. Sheesh everyone wants 60K a year today when they are worth about 30K a year with Bachelor’s and zero experience. 30K is what they should be paid for a first job.


2 posted on 04/23/2012 3:47:45 AM PDT by napscoordinator (VOTE FOR NEWT!!!!)
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To: tobyhill
hit by technological changes that are eliminating midlevel jobs such as bank tellers. Most future job openings are projected to be in lower-skilled positions such as home health aides,

Who wrote this garbage? Midlevel jobs...such as bank tellers? The average bank teller in this area makes barely over minimum wage!

Hourly wage bank tellers vs. CHHA pay rate

3 posted on 04/23/2012 3:48:13 AM PDT by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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To: napscoordinator
God forbid they have to start at entry level even with a piece of paper. Sheesh everyone wants 60K a year today when they are worth about 30K a year with Bachelor’s and zero experience. 30K is what they should be paid for a first job.

Depends, an entry level Engineering job should pay at least 50K to start. Liberal arts majors should work for anything they can get.

4 posted on 04/23/2012 3:50:25 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: tobyhill

Your link has nothing to do with Google.

It is an AP site and an AP article. I have seen you post like this before. Why?


5 posted on 04/23/2012 3:56:30 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: central_va

Depends, an entry level Engineering job should pay at least 50K to start. Liberal arts majors should work for anything they can get.

I can agree with that. But 50 thousand would be considered an “entry level” job for Engineers until they prove themselves a few years and ultimately make 100K. The point is that this story seems to say that everyone should begin at the “high” wage right away or at least the graduates think that way.


6 posted on 04/23/2012 3:57:14 AM PDT by napscoordinator (VOTE FOR NEWT!!!!)
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To: tobyhill

Wellllll...................
They voted for it, didn’t they?


7 posted on 04/23/2012 4:01:21 AM PDT by Flintlock (Picture ID for ALL voting. Let our dead rest in peace.)
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To: Texas Fossil
AP sells articles, they don't publish them on their own site. When the link's auto-fill on FR pops up it shows the host of the article which in this case is Google
8 posted on 04/23/2012 4:02:03 AM PDT by tobyhill (Fight Fire With Fire)
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To: napscoordinator

Reality. Engineers finish and get real-paying jobs. Anything less than an engineer....get sub-pay. You could get the same sub-pay with a community college degree (two-year associates degree). The sooner that people come to realize that colleges have created all of these worthless and bogus degrees....the better off we’d all be.


9 posted on 04/23/2012 4:04:00 AM PDT by pepsionice
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To: tobyhill

If republicans were smart they would target this group. Go to the universities in flyover country where 50,000 plus middle America kids pack those football games in the fall. Remind them that May 2012 is the fourth graduating class under obama to graduate to no jobs.


10 posted on 04/23/2012 4:08:32 AM PDT by jersey117
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To: tobyhill
Now that I've gotten past excerpt I'll point something out and leave it for those smarter FReepers than I to ponder.

Necessity is the mother of invention...

While all these ‘college graduates’ lament not finding jobs, America has always been the place to ‘make money.’ Really, isn't that what we're discussing?

Whenever there has been a hard-pressed downturn in the economy, fantastic things have come forward from obscure Americans. Some with degrees, some without, and some from high-school dropouts.

Do we have the appropriate economic climate and culture for that today?

What these young people are lamenting is the same thing we've heard for decades regarding degrees. This really is not anything new. Education can only get you so far and as these kids are learning, it cannot even get you in the door when you must compete with experienced folks out of work too.

Can America's young people ‘dream big’ or is there so many roadblocks and disincentives that the American dream is over?

11 posted on 04/23/2012 4:10:24 AM PDT by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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To: tobyhill
"While there's strong demand in science, education and health fields, arts and humanities flounder. "

"I don't even know what I'm looking for," says Michael Bledsoe, who described months of fruitless job searches as he served customers at a Seattle coffeehouse. The 23-year-old graduated in 2010 with a creative writing degree.

"Initially hopeful that his college education would create opportunities, Bledsoe languished for three months before finally taking a job as a barista, a position he has held for the last two years. In the beginning he sent three or four resumes day."

My daughter landed her "dream job" about a year and a half ago, and her starting salary was at about the 85th percentile for personal income in the US. In fact, she began the job a few months before she actually received her master's degree. She definitely knew what she was looking for, and homed in on it like a heat-seeking missile. If she had told potential employers she didn't know what she was looking for, I imagine most would have concluded she was completely nuts. Don't colleges have counseling centers any more? For $50k in annual college tuition, that's not an unreasonable expectation. It's not an employer's job to figure out what someone wants to do with his life.

12 posted on 04/23/2012 4:10:41 AM PDT by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: napscoordinator

Those entry level jobs mentioned are something one does during college; there is nothing wrong with aspiring to a better position after doing the four years. These recent graduates are going to hurt Obama; I watched them do it to Bush’s father in 1992 (one year after he had REAL popularity). The recent graduates from the last election are going to hurt him, too.


13 posted on 04/23/2012 4:11:05 AM PDT by kearnyirish2
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To: tobyhill

No Sympathy Here,They voted for Hopey Changey,now deal with it with the Rest of Us. Hey vote for Him Again so he Can Finish the Job!


14 posted on 04/23/2012 4:11:29 AM PDT by ballplayer
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To: EBH

“The average bank teller in this area makes barely over minimum wage!”

You’re right; in my area many of the middle-aged American women that probably did OK due to years on the job, experience, etc. have been replaced by younger diversity tokens who have little job knowledge and limited command of English. I was in one local bank branch where the manager was unintelligible...


15 posted on 04/23/2012 4:14:08 AM PDT by kearnyirish2
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To: kearnyirish2

Unfortunately, the ‘recent grads’ want obama to pay their college debt off,,,


16 posted on 04/23/2012 4:17:42 AM PDT by CharlotteVRWC
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To: CharlotteVRWC

True, they do, but if they believe that they should speak to all of the people awaiting modifications on their mortgages. The help is coming, at the speed of molasses.


17 posted on 04/23/2012 4:20:54 AM PDT by kearnyirish2
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To: tobyhill

The truly pitiful aspect the lack of abilityt to discharge their educational debt in bankruptcy.

Whoever sold them “ an education” under those terms is part of the problem. These students are fighting back.

http://www.courthousenews.com/2011/08/11/38921.htm


18 posted on 04/23/2012 4:26:11 AM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: tobyhill
How's That Hope and Change Working Out For You?
19 posted on 04/23/2012 4:42:09 AM PDT by Steely Tom (If the Constitution can be a living document, I guess a corporation can be a person.)
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To: tobyhill

OK, Thanks.


20 posted on 04/23/2012 4:44:40 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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