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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.
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
The majority of American workers (approximately 64% as of 2020) do not have a four-year bachelor's degree, [4] [5] including 68 percent of Black workers and 79 percent of Hispanic workers. [ 6 ] STARs have gained skills through a variety of routes other than the four-year college degree, often including community college , workforce training ...
From the 1980s to the 2010s, demand for higher education increased, especially after the Great Recession of 2007–2009 when Americans flocked back to school in order to adapt to the new economy. [52] [47] A 2011 study from the Labor Department found that a bachelor's degree "represents a significant advantage in the job market."
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 ...
Suzanne Mettler notes in her book, Degrees of Inequality, that in 1970, 40% of U.S. students in top income quartile had achieved a bachelor's degree by the age of 24. [94] By 2013, this percentage rose to 77%. For students in the bottom income quartile, only 6% had earned a bachelor's degree in 1970. By 2013, this percentage was still at a ...
A US Department of Education longitudinal survey of 15,000 high school students in 2002 and 2012, found that 84% of the 27-year-old students had some college education, but only 34% achieved a bachelor's degree or higher; 79% owe some money for college and 55% owe more than $10,000; college dropouts were three times more likely to be unemployed ...