Thursday, January 6, 2011

College and Unemployment

Today's rising unemployment rates spell disaster for fresh college graduates.  The unemployment rate for recent college grads is about the same as the national unemployment rate, a little more than 9%, which is causing college graduates to take lower income jobs that are attainable without a college degree.  This creates even more trouble because as the economy hopefully starts to improve and conditions in the job market fluctuate, newer college grads will be searching for and probably taking some of the jobs that previous college grads had searched for but were not available when they needed to be hired.  A college education is vital for being successful later in life; it makes possible the dream of having an enjoyable career, making a sustainable income, and being able to do with and without certain wants and needs of choice.  Our economy is being pressured to explore new industries, which will hopefully in the near future create new jobs and career paths for the younger generations of America.

http://www.nytimes.com/2010/12/14/opinion/14tue1.html?_r=1&scp=1&sq=college,%20jobs%20and%20inequality&st=cse

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