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This is not a short-lived problem for college graduates, as the report indicated that those who start their careers underemployed are 3.5 times more likely to remain underemployed a decade later.
According to statistics, the unemployment rate for recent college graduates has been higher than all college graduates in the past decade, implying that it has been more difficult for graduates to find a job in recent years. [3] [4] One year after graduation, the unemployment rate of 2007–2008 bachelor's degree recipients was 9%. [5]
Those who don't and are deemed underemployed make about $20,000 less a year, and their wages are closer to those of a high school graduate rather than someone with a bachelor's degree.
As the tertiary education of most students in Western countries is fully or partially subsidized by government monies (because it takes place at a state university or public university or because the student receives government loans or grants), the underemployment of recent college graduates may also be an ineffective use of public resources ...
Four Out of 10 Recent College Grads are Underemployed, New Accenture Research Finds Young workers want more training but employers disappoint NEW YORK--(BUSINESS WIRE)-- U.S. employers are ...
According to the college's official 2023 ABA-required disclosures, only 4.1% of Class of 2023 graduates were "underemployed," with 93.6% of graduates obtaining employment in either bar-passage-required or JD-advantage employment within 9 months of graduation, the highest rate of any Florida law school. 88.24% obtained bar-passage-required ...
The underemployed college graduate with a liberal arts degree has almost become a sad cliché in the new economy. But what about a trained environmental scientist, with years of professional ...
Pathways Out of Poverty is administered by the United States Department of Labor’s Employment and Training Administration.Roughly $150 million is authorized by the ARRA and is granted in amounts from $2 million-$8 million to eight national and 30 local entities for the provision of training and placement services in order “to provide pathways out of poverty and into employment.” [2] The ...