A more accurate picture would be a look at the college grads at all levels for 2016-17 when approximately 3.9 million students with staggering loans attempt to enter the job market at the same time. The doubious 50,000 per month jobs number would produce only 600,000 jobs over a year when the next college cycle matriculates.
What happens to the remaining 3.3 mil of class of 2017?
Source:
NCESNational Center for Education Statistics
Attainment
During the 2016–-17 school year, colleges and universities are expected to award 1,018,000 associate's degrees; 1.9 million bachelor's degrees; 798,000 master's degrees; and 181,000 doctor's degrees (source).
In 2013–14, postsecondary institutions awarded 96,900 certificates below the associate's degree level, 1.0 million associate's degrees, 1.9 million bachelor's degrees, 754,000 master's degrees, and 178,000 doctor's degrees...."
linked source also contains numbers for HS grads consistent with OEB post.
More stats re the lack of jobs.
My wife and I, our now adult children, nephews and nieces all had summer jobs and some of us part time jobs while in high school and college . That was in spite of slow economies. Those jobs enabled us to go to college, trade schools, nursing schools and not put our parents into bankruptcy.
Now, in our grandkid generation, grand nieces and nephews, only one has a good part time job. She teaches dancing 12 hours/week and gets paid very well for it as a high schooler, well over double the hourly minimum in California.
Now adults and many senior citizens are taking the jobs that we had as teenagers, because they can’t find any other work.
I’m with you. Only about 30% of HS grads attend college. Which makes the 50,000 jobs a month absurd. Add the Bernie da Socialist “free” college, and the HS grads have to subsidize college “degrees” in Social Justice??
No way. Folks aren’t THAT stupid.