A principal aim of colleges is to equip students with knowledge, skills, and connections that will lead to labor market success and future wellbeing. A clear understanding of the labor markets in which a college operates stands to inform institution-level decision-making as well as broader questions about links between college-going and economic development, mobility, and … Continue reading
The image of a young newly minted college graduate working behind the counter of a hip coffee shop has become a hallmark of the plight of college graduates following the Great Recession. Indeed, although economic conditions steadily improved through the recovery, significant slack remained in the labor market, and many recent graduates were not finding jobs … Continue reading
About 260,000 people who had a college or professional degree made at or below the federal minimum wage of $7.25 per hour last year, according to the Bureau of Labor Statistics. Things may be looking up a little, though — it’s the smallest number since 2008. The worst year was 2010, when the number skyrocketed … Continue reading
US – Recent graduates with tech degrees face higher unemployment rates after the Great Recession Continue reading
More than a third of recent college grads with jobs are working in positions that don’t require a degree. The “mal-employment” rate, and right now it tops 36% for college-educated workers under the age of 25. Continue reading
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 … Continue reading