New college graduates lack full-time job
A hot topic in this election will invariably the unemployment rate. As May approaches there is another surge of young workers, but not as many positions to fill. I count myself lucky to have a job that gives out a paycheck. Local news radio 105.5 WERC made this post about how tough the job market is right now. Among the hardest majors to start a career? The article mentioned humanities as a whole specifically creative writing and art history. Commercial art (graphic design) seems pretty good in comparison, but web knowledge is even better.
Young Americans graduating from college are facing the grimmest job prospects in more than ten years. According to a an analysis of a 2011 Current Population Survey data, roughly 1.5 million, or 53.6 %, of new graduates under 25 last year were jobless or underemployed. In 2000, that statistic was 41%.
Many mid-level jobs have been eliminated, and the jobs that will be available in the near-future are in lower-skilled positions. The worst unemployment figures came from the Mountain West, where 3 out of every 5 graduates couldn’t find work. The best place to find work, predictably enough, was in Rick Perry’s Texas. Out of the 1.5 million who languished in the job market, about half were underemployed, an increase from the previous year.