Every year, thousands of recent graduates of colleges and universities across the United States enter the labor force with newly minted degrees and high hopes about their employment prospects.1 In October 2011, 74.5 percent of the 1.3 million 2011 recent college graduates were employed, according to data from the Current Population Survey (CPS). The unemployment rate for the 2011 cohort of recent college graduates was 12.6 percent. CPS data also show variation in the labor force status of bachelor’s and advanced degree recipients.
Chosen excerpts by Job Market Monitor
Discussion
Trackbacks/Pingbacks
Pingback: US / 41% of college grads overqualified for what they do | Job Market Monitor - May 1, 2013
Pingback: Soft skills tend to differentiate good college graduates from exceptional college graduates | Job Market Monitor - June 25, 2013
Pingback: Overeducation in US – 66% of workers remaining overeducated after one year research finds | Job Market Monitor - June 3, 2014