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For example, between the mid-1970s and 2011, the number of law-school graduates tripled, from around 400,000 to 1.2 million while the population grew by only 45%. During the 2010s, U.S. law schools produced 25,000 surplus graduates each year, and many of them were in debt.
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]
In 2014, university graduates from the U.S. were often unable to find a job requiring a degree; 44% could only find service jobs such as barista positions that do not require postsecondary education. [1] Underemployment is the underuse of a worker because their job does not use their skills, offers them too few hours, or leaves the worker idle. [2]
More than half of U.S. college graduates a year after ... a May 2023 Michigan State University graduate, has a degree in public policy. ... Those who don't and are deemed underemployed make about ...
By Hope Yen WASHINGTON -- The college class of 2012 is in for a rude welcome to the world of work. A weak labor market already has left half of young college graduates either jobless or ...
In January, fewer than 1 in 5 of the jobs listed on the platform required a four-year degree or higher. Over half (52 percent) didn’t list any education requirements at all.
According to the National Association for Law Placement (NALP), only 63% of law graduates from the class of 2015 obtained full time, bar passage required employment. [1] Almost 11% of 2015 graduates were unemployed despite a U.S. unemployment rate of 5%. [2] Over 500 graduates (1.4% of graduates) worked in non-professional positions.