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Graduate unemployment, or educated unemployment, is unemployment among people with an academic degree.. Aggravating factors for unemployment are the rapidly increasing quantity of international graduates competing for an inadequate number of suitable jobs, schools not keeping their curriculums relevant to the job market, the growing pressure on schools to increase access to education (which ...
If no one is getting jobs, and the companies who used to hire people like you are going out of business, assume it is very reasonable to take step back in order to build a new career.
For instance, in the late 1980s, a bachelor's degree was the standard qualification to enter the profession of physical therapy. [42] By the 1990s, a master's degree was expected. Today, a doctorate is becoming the norm. State requirements that registered nurses must hold bachelor's degrees have also contributed to a nursing shortage. [43]
A college degree doesn’t carry the same weight it once did in the workplace, but there’s a clear generational divide when it comes to what it should afford you on the job. Pros of a college degree
A federal survey released this week revealed that total job openings had slowed to a three-year low in March, while total job separations — including quits, layoffs and discharges — decreased ...
While the majority of the working poor have a high school diploma or less, 5% have some college education, 3.2% have an associate degree, and 1.5% have a bachelor's degree or higher. Families with children are four times as likely as a single person to live in poverty, with families headed by single women making up 16% of all working poor families.
While those with some college averaged $31,046, those with a bachelor's degree averaged $51,194, over $20,000 (64.9%) a year more. [3] The second most dramatic difference in average income was between those with a bachelor's degree with $51,940 and those with an advanced degree who made $72,824, roughly $21,000 (42.2%) more.
More work is needed to provide a clear pathway for community college students to transfer to four-year institutions and obtain a bachelor's degree