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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]
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 a Burning Glass Institute analysis of 2022 U.S. Census Bureau data, Bachelor’s degree holders in college-level jobs earn nearly 90% more than people with just a high-school diploma in their 20s, while 45% of college graduates are underemployed and earn 25% more than high-school graduates (not adjusting for any student loan debt ...
According to the New York Federal Reserve Bank, about one third of all college graduates are underemployed, meaning they're employed below the value of their degrees. [47] That distribution has remained largely unchanged for thirty years, although the chance of being underemployed in a good job has gone down 28.0% for recent hirings, and 20.6% ...
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 ...
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]
Those with a four-year degree earn significantly more than high school graduates. Bachelor’s degree holders earn 66% more than high school graduates on a weekly basis, according to the U.S ...