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college grad need job

Recent projections have job prospects improving for 2012's college graduates. But there's a lot more room for improvement than we're likely to see:

About 1.5 million, or 53.6 percent, of bachelor's degree-holders under the age of 25 last year were jobless or underemployed, the highest share in at least 11 years. In 2000, the share was at a low of 41 percent, before the dot-com bust erased job gains for college graduates in the telecommunications and IT fields.

Out of the 1.5 million who languished in the job market, about half were underemployed, an increase from the previous year.

That means 100,000 waiters, waitresses, bartenders and food-service helpers with bachelor's degrees, plus 125,000 cashiers, retail clerks and customer representatives and 163,000 receptionists and payroll clerks. That's a reflection of the job categories that are growing these days:
According to government projections released last month, only three of the 30 occupations with the largest projected number of job openings by 2020 will require a bachelor's degree or higher to fill the position — teachers, college professors and accountants. Most job openings are in professions such as retail sales, fast food and truck driving, jobs which aren't easily replaced by computers.
It's the growth of inequality in action. Relatively few jobs pay a middle-class income, and competition for them grows fiercer. It's not enough to have a bachelor's degree; at a minimum you have to have one in the right field from the right school—and it sure helps if you've been able to afford to do an unpaid internship in your field while in school. But a graduate degree is even better. Too bad if that means thousands of dollars of added debt, but you don't want to be waiting tables for the rest of your life, do you? And if you score one of those precious, rare good jobs, chances are you won't be leaving, at least not of your own accord, not while you have all those student loans to pay off and there are so few other good jobs out there. Meanwhile, jobs that don't require a college education are growing more quickly, but the fact that they don't require a college education is increasingly used as the rationale for driving down wages (and benefits? forget about benefits), because why would we pay decent wages for these jobs that just anyone can do? So goes the accelerating rationale of an economy by and for the 1 percent.

11:52 AM PT: Congress can keep one small piece of this from getting worse, by acting now to keep federal student loan interest rates from doubling on July 1. Tell House Republicans to keep student loan rates low.

Originally posted to Daily Kos Labor on Mon Apr 23, 2012 at 10:35 AM PDT.

Also republished by Youth Kos 2.0, ClassWarfare Newsletter: WallStreet VS Working Class Global Occupy movement, Progressive Hippie, and Daily Kos.

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Comment Preferences

  •  That does not bode well (2+ / 0-)
    Recommended by:
    divineorder, Bright

    for the youth vote in 2012.

    Is there any other way to use the word 'bode'?

  •  We need to revisit this idea that everyone (1+ / 0-)
    Recommended by:
    bluegrass50

    should get a four-year degree, and that every (real) job should require one. Especially since the cost of said four-year degree approaches that of a couple-three nice new cars.

    We should also revisit the idea that the business world ought to be beating down the door of every new college graduate, regardless of the subject of his or her degree or the demand for the skills it represents. Perhaps it's incurably romantic of me but I envision a world where people go to school to learn first and to score a high-paying job second.

    I support torturous regimes! Also, I kick puppies.

    by eataTREE on Mon Apr 23, 2012 at 10:54:29 AM PDT

    •  right-wing elitism (2+ / 0-)
      Recommended by:
      divineorder, fumie

      Since the right no longer wants to fund public higher education this spin has taken hold, i.e., the middle class can no longer afford college but my trust fund baby chooses to major in art history.

    •  We need to revisit... (12+ / 0-)

      ...pretty much everything about work in this country, but the main thing we need to re-think is the structures that have destroyed work as a basis for a stable life.  More and more, today's jobs make it impossible to plan for things like regular paychecks, consistent salaries, scheduled time off, and the ability to save for retirement or plan for any part of the future.  You simply cannot have a home life if your hours are always changing, or you're always travelling, or you never know when your employer will demand that you come in on a night, weekend, or other time you're supposed to have off, or if you never know from week to week and year to year what your paycheck is going to have in it or whether you'll have any benefits or not.  And let's be honest: you really shouldn't get a 15-year mortgage if you don't have any clue what your income is going to be in one year or 3 years or 5 years, much less 15.  I think the system of lending we have now is going to have to break down at some point, and not just because the banks are hopeless cesspools of greed and corruption, but because people no longer have the sort of job where they work at the same place at the same salary for 20 years and can slowly and steadily pay off a huge debt.  That 20-year career allowed the 15-year mortgage, and the stable nuclear family, to exist.  We POUR money into "national security" even as people's lives get less stable and more precarious than ever.  It's insane, and I think it's going to collapse if we don't pass laws to put an end to the business practices that have allowed this to happen.

    •  For many people, college no longer makes sense (3+ / 0-)
      Recommended by:
      Be Skeptical, sethtriggs, Spoc42

      unless you can get in via a scholarship.

      Your choices: get a minimum wage job right away . . . or go to college, go $30,000 in debt . . . and then get a minimum wage job.

      Some careers require a higher degree, of course (law, medicine, etc.) so you are stuck with trying to work off a huge debt if you go that route.

      You can go into business for yourself -- with a LOT of work (I've did that for seven years). If you put in the hours you have a better than even chance to succeed, unless you take on a ton of credit card debt, which will torpedo your success. (On the other hand, you can bankrupt out of that debt, unlike your counterpart with the $30,000 student loan.)

      In many careers, experience matters much more than education, and you can often pick up a few training classes for reasonable prices (but beware of scams!).

      Back in the "olden days," everyone was either a farmer or self-employed . . . unless you happened to be a slave or indentured . . . My, how far our nation has fallen. :(

      Sometimes . . . I feel . . . like a redneck with chopsticks . . . Dreaming of squirrel while I'm sucking down squid . . .

      by Pale Jenova on Tue Apr 24, 2012 at 07:44:20 PM PDT

      [ Parent ]

    •  It was a cultural fallacy to start with. (3+ / 0-)
      Recommended by:
      auapplemac, Samulayo, sethtriggs

      The idea that "every kid should go to college" came from a generation of workers who saw college as something for elites.  

      With everyone going to college, its not so elite anymore. Now a BS might as well be an expensive way to get yourself screened by an HR computer program.

      More than ever it comes down to experience and connections.

      If you have no friends it's hard to bootstrap, unless you have a rare skill. Engineers, doctors, to a certain measure those professions are safe because talent is requisite for entry.  Humanities majors? You might be better off just setting out and working, if you can find a job.

      •  As for IT (2+ / 0-)
        Recommended by:
        Be Skeptical, FreedMan

        The number of companies who want 30 years experience in a 25-year old is amazing!

        If you're 55, like me, they're not interested . . .

        FOSI: Full Of Shit Information - Both my sister and I are trivia freaks...

        by Spoc42 on Wed Apr 25, 2012 at 04:57:27 AM PDT

        [ Parent ]

        •  If my assessment is right (0+ / 0-)

          you have experience but few connections.

          I've read a few articles recently that ageism is rampant in computer fields.  Not sure if its true because there is always a large number of comments calling such news FUD.

          Still, when you have CEO issuing quotes that youth is superior in every regard it's hard not to suspect some truth in there.

    •  I do wonder how many grads have marketable (0+ / 0-)

      skills for the jobs that are out their.

      Yes, knowledge is king - in general -  but if a company can't use you and the knowledge you've acquired, then you're not going to be hired.

      Last month one poll indicated that jobless rate was still lower for current college grads than non grads.

      Progressives will win only when we convince a majority that they, too, are Progressive. And... It’s the Supreme Court, stupid!

      by auapplemac on Tue Apr 24, 2012 at 08:45:13 PM PDT

      [ Parent ]

  •  Can't we talk about pertinent election topics? (3+ / 0-)
    Recommended by:
    divineorder, ItsSimpleSimon, raboof

    Like Romney's dog, or something? (snark)

    Thanks for the post! An incredibly important data point! Rec'd!

    "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

    by bobswern on Mon Apr 23, 2012 at 10:58:07 AM PDT

    •  Yeah, maybe this will be (0+ / 0-)

      supplanted on the front page by Jed catching Mitt Romney in some sort of alleged hypocrisy over, I don't know, let's say vacations.

      Oh, there it is.

      You are reading my signature line. #hashtag

      by cardinal on Mon Apr 23, 2012 at 11:06:14 AM PDT

      [ Parent ]

  •  I'm having trouble figuring (3+ / 0-)
    Recommended by:
    divineorder, greenbell, denise b

    this one out:

    According to government projections released last month, only three of the 30 occupations with the largest projected number of job openings by 2020 will require a bachelor's degree or higher to fill the position — teachers, college professors and accountants.
    I'd like to see those projections. How is it that health-care professions -- many of which require degrees -- aren't among the 30 (!) occupations with the largest projected growth?

    You are reading my signature line. #hashtag

    by cardinal on Mon Apr 23, 2012 at 11:01:35 AM PDT

    •  Simple: The money in health care is drying up. (4+ / 0-)
      Recommended by:
      guinea, sethtriggs, Bright, Spoc42

      Cutting costs = cutting jobs.  You can't cut $500 billion from Medicare and expect nothing to change.  

      Most doctors I know haven't had a raise in a decade while working longer hours, so there's not much to cut from that end, and they're only 10% of total health care costs anyway.  In other words, the first to get the ax are the ancillary workers or entry level health workers.  

    •  Health professions are in a hiring bubble (0+ / 0-)

      There are a sizeable number of people going for nursing degrees in an attempt to grab a piece of the healthcare pie. Expect to see a LOT of unemployed or underpaid young nurses when that bubble pops.

      If the govt doesn't kill it with policy healthcare has roughly until the tail end of the boomer generation as a viable profit industry.

      •  Bubble already gone (1+ / 0-)
        Recommended by:
        FreedMan

        My daughter just finished her BSN, at a top-quality school in a major metropolitan area, and can't find a job. (Yes, she's looked in other parts of the country.) And she's not the only one. She says about half her class is still unemployed, four months after graduation. Everyone I talk to in the health field reports hiring freezes, reliance on experienced travel nurses to fill short-term needs, and basically no hiring.

        She's considering taking a CNA job, way below her skill level and way too little to pay back her loans.

        •  I bet she was told all about... (0+ / 0-)

          ...the need for nurses and shown statistics on the growth of healthcare?

          I will say this: many young nurses are snobby about their first job or limited by other life obligations.  Getting your foot in the door is a good way to get into a reasonable RN position. The connections and face time are valuable. Even if you don't benefit from direct promotion due to turnover, nurses always talk. Someone who is competent and respected can find out pretty easily where the hiring is and who is doing it.

          •  I'll also add that much hinges on the election (0+ / 0-)

            The practicalities of healthcare operations will change dramatically based on the supreme court and the presidential election. Uncertainty is causing many administrators to stand pat. The best ones have a plan for all of the outcomes, the worst are panicked. Still, things should be moving along by fall.

  •  sorry to say but if more and more (0+ / 0-)

    people go to college there are only so many college required jobs out there at any one time, even in a full employment economy.

  •  Truck drivers in 2020? (1+ / 0-)
    Recommended by:
    divineorder

    We'll be lucky if there's any truck drivers left in 2020, much less extra jobs for them, given where technology is headed.

  •  underemployed? (0+ / 0-)

    Young people might want to consider that without experience you aren't underemployed for much of anything.

  •  Feel for them, they are "drowning in debt" (0+ / 0-)

    •  The debt is obscene (1+ / 0-)
      Recommended by:
      divineorder

      I strongly support public funding but I've also seen parents make a huge effort to counsel their kids and to assist them to research and locate funding at schools appropriate for their career choices.  Involved parents can make a huge difference in setting realistic expectations.  There are many good schools and many are affordable.  Helping a student broaden a career choice may make aid or internship available.

  •  A lot of "entry-level" jobs also require years of (1+ / 0-)
    Recommended by:
    JamieG from Md

    experience. Guess what I and my friends overwhelmingly tend not to have?

    They tortured people to get false confessions to fraudulently justify our invading Iraq.

    by Ponder Stibbons on Mon Apr 23, 2012 at 11:58:17 AM PDT

  •  The younger generation has been betrayed (2+ / 0-)
    Recommended by:
    wu ming, Bright

    Sure, you can go deeply into debt to get a college degree, and it'll take 20 years to pay it off.
       But what if you still can't land a job in your field after taking on so much debt? Then you are screwed.

    “Take not from the mouth of labor the bread it has earned.” - President Thomas Jefferson

    by gjohnsit on Mon Apr 23, 2012 at 12:06:51 PM PDT

    •  You have to be realistic about debt and career (1+ / 0-)
      Recommended by:
      bluegrass50

      You have to find a program that won't require you to take on more debt than you can realistically afford.  There is no getting around that.  That is your first step to adulthood.  You have to learn to compromise and think outside the box.  There are good schools with good deals.  

      •  Anyone work their way through college anymore. (3+ / 0-)
        Recommended by:
        Samulayo, sethtriggs, Spoc42

        Probably not possible today considering the cost of higher education.

        There seems to be a vicious circle. The more government offers money for college, the more college's charge.

        Why have college tuitions skyrocketed? If they couldn't depend on loans, would college cost as much?

        So the banks make money, the colleges make money and the students are left hanging.

        Progressives will win only when we convince a majority that they, too, are Progressive. And... It’s the Supreme Court, stupid!

        by auapplemac on Tue Apr 24, 2012 at 08:59:47 PM PDT

        [ Parent ]

        •  Of course (0+ / 0-)

          It's meant to be part of the training of students for the rest of their lives: being permanently in debt and, effectively, indentured slaves.

          I'm sure there is legislation in the works to bring back the workhouse. Oh, wait, they're already doing that with prisoners working for pennies an hour.

          FOSI: Full Of Shit Information - Both my sister and I are trivia freaks...

          by Spoc42 on Wed Apr 25, 2012 at 05:11:16 AM PDT

          [ Parent ]

  •  we are a civilization eating its seed corn (2+ / 0-)
    Recommended by:
    Glen The Plumber, Bright

    hoping they'll be gone before the granary runs out. the younger generation is being throw into the abyss in hopes of buying time for the old and wealthy. it is utterly immoral, and will have dire consequences if we cannot reverse this pattern and overthrow this attitude.

    •  The social contract has been overthrown. (5+ / 0-)

      It started with Reagan, then Bush 1, and then after a pause accelerated at the end of Clinton and into Bush 2.

      Free trade deals that continued to hollow out the middle class.  Predatory businesses like for profit health care and private higher education just became significantly more expensive, meaning fewer  Americans can afford them.

      We are now facing the logic of circling the drain and worse times ahead.

      Time to make the overthrow total and overthrow those preaching pessimism, resignation and more austerity as "solutions"  to America's standard of living falling to rock bottom and below.

      Dire consequences are already here. Have you looked at Eastern California as opposes to the Pacific Coast, Rhode Island and other depression era approaching states?

      We need a major   change in orientation and effort and a new social compact based on fair pay for fair and genuine work, not financial engineering.

      This society cannot survive like this much longer.  The cushion and advantages of the dollar as reserve currency, exporting and taking advantage of weaker economies is over.  Now the payback and deflation begins.  We cannot afford the welfare state as a military predatory, expansionist state on the backs of ordinary citizens paying huge fees for it.  We are not even getting what other advanced states have, because we incur these added burdens with little to show for it.  Enough!

      This signature....is currently under construction..

      by BeeDeeS on Tue Apr 24, 2012 at 07:36:06 PM PDT

      [ Parent ]

      •  Net immigration from Mexico now is zero (4+ / 0-)
        Recommended by:
        ferg, wsexson, Bright, sethtriggs

        When as many undocumented workers leave as come here, you know the economy is not what it is reported to be in the press or by the Bureau of Labor Statistics.

        It's not so much the social contract tha6t is broken...it is our insistence on following the path of "Free Trade", which has resulted in a hollowing out of our economy.  The financial sector is all that's left.

        Oregon: Sure...it's cold. But it's a damp cold.

        by Keith930 on Tue Apr 24, 2012 at 07:48:24 PM PDT

        [ Parent ]

  •  Unemployed for 3 YEARS here... (6+ / 0-)

    ...and have a Master's.  And am only 34.  It's horrible, it's like watching my life go down the drain.  Those minimum wage jobs won't have me back, but the jobs I trained for would rather hire foreigners than somebody with such a big resume gap, and volunteer work isn't impressing them either.  Someday we're going to find out that the statistics are much worse than we thought, but here's the preview: an utter and total waste of millions and millions of human lives, measurable in hours, days, years, lost earnings, lost life opportunities, lower birth rate, lower marriage rate, etc. etc. etc.  Basically, it's prison without the cage.  :(

    •  Don't give up! (2+ / 0-)
      Recommended by:
      Bright, sethtriggs

      You may not feel it, but you're still young.  Truly.  I and many of my friends and then-unemployed comrades have come a long, long way since the dark days of our early 30s.

      Sorry for any perceived condescension...

    •  feel for you (2+ / 0-)
      Recommended by:
      Bright, sethtriggs

      I'm hopelessly underemployed now and watching my certification run out.

      "I Welcome Their Hatred." - FDR

      by dehrha02 on Tue Apr 24, 2012 at 08:04:31 PM PDT

      [ Parent ]

    •  Same thing happened during the Depression ... (1+ / 0-)
      Recommended by:
      Bright

      and they they had to face WWII.

      They turned our OK and rebuilt the world.

      I do sympathize with you and hate the fact that foreigners are being imported for high tech jobs. I guess if they didn't import them, they'd just export their companies.

      We always wanted 2nd and 3rd world countries to give their people a better life, but that progress has now been turned on us.

      Progressives will win only when we convince a majority that they, too, are Progressive. And... It’s the Supreme Court, stupid!

      by auapplemac on Tue Apr 24, 2012 at 09:06:50 PM PDT

      [ Parent ]

  •  Caedy... (3+ / 0-)
    Recommended by:
    auapplemac, sethtriggs, Spoc42

    is working as crew at McDonalds with two bachelor's degrees, one in business admin and one in medical management. She also has over $30,000 in debt for the second degree, her grandparents were able to help with the first. She's over 25 though. She keeps applying for jobs, along with about 50 other applicants usually. This is part of the reason we're trying to move further north where there's more job openings in her field. Barring that, the new VA hospital opens in two years and there's a chance she'll be able to get in there.

    "Madness! Total and complete madness! This never would've happened if the humans hadn't started fighting one another!" Londo Mollari

    by FloridaSNMOM on Tue Apr 24, 2012 at 07:39:23 PM PDT

  •  The longer we go on, (2+ / 0-)
    Recommended by:
    BradyB, ActivistGuy

    with one party overtly promoting hereditary aristocracy and the other in thrall to neoliberalism, the less hope I have for my country. The wrong arguments, on both sides, are regnant and their adherents cling to them ever more tightly the more obviously they are empirically disconfirmed and the more the power of the aristocracy is consolidated at the cost of a broad-based "general welfare."

    "It's called the American Dream because you have to be asleep to believe it." George Carlin

    by psnyder on Tue Apr 24, 2012 at 07:39:36 PM PDT

    •  What's the alternative? Spain's young unemploymen (4+ / 0-)
      Recommended by:
      auapplemac, sethtriggs, psnyder, guinea

      is 50% and that's not even counting the underemployed.  

    •  I fear the next step (1+ / 0-)
      Recommended by:
      psnyder

      It will be either the French Revolution or the American, and I suspect it will be the former, since there is no foreign power dictating the rules (i.e., England over America).

      And the insane are the ones buying most of the weapons! It's going to be a bloodbath either way.

      I'm not advocating anything, I just remember my history lessons at school.

      FOSI: Full Of Shit Information - Both my sister and I are trivia freaks...

      by Spoc42 on Wed Apr 25, 2012 at 05:18:54 AM PDT

      [ Parent ]

  •  24 years old. (2+ / 0-)
    Recommended by:
    sethtriggs, Spoc42

    Bachelors in history from USF Tampa, magna cum laude, honors college.

    I work part time at a certain big box store that shall remain nameless.

    Partly my own fault for choosing a history degree and not wanting to continue on with a master's, and partly because I'm engaged to a Finn and will be emigrating in June. Hard to find and hold down a good job when you take month to three month long trips overseas (on a shoestring budget mind you).

    I am planning on entering ecological agriculture and development. I was accepted to the University of Vermont, but they want $50,000 a year out of state. "Transfer" students are not eligible for scholarships- so basically two years there would have amounted to a mortgage. Not worth it. Then, NC State decided I was not up to par since as a history major I didn't need chem or bio.

    I'll be pursuing alternative courses of education via permaculture rather than traditional schooling.

    Most higher education, IMO, is all about making money from students and their families rather than educating the next generation. The first two years are remedial (many professors admit this) and your last two years just barely get your appetite whet for whichever subject you are studying.

    Higher education is big business. If there are any Kossacks heading to college, or have children/relatives doing the college search- please consider every last detail. Don't waste your money. The experiences I had were wonderful, I learned a lot, and I matured. But let me tell you- four years of work (most of it was pretty damn easy) and a diploma later doesn't open many doors. You'll be lucky to find a minimum wage job, as this diary states. So use those four years and break into whichever field interests you before it is too late.

    A Victory Garden documents our experience transitioning from suburban lawn to edible food forest based on permaculture principles.

    by FinchJ on Tue Apr 24, 2012 at 07:47:01 PM PDT

  •  These young people have my heartfelt sympathy. (4+ / 0-)

    My experience is that they are decent and hard-working. They deserve so much more. But I hope they don't give up, because sometimes the right match just appears. My daughter is about to graduate with a degree in Political Science. A few weeks later she will start a job as Executive Assistant to the board of a non-profit working towards equality for the gay community. It took hundreds of applications, but she found a place that is perfect for her. Be patient, and don't ever let the pessimism win. Things will get better.

    "The Democrats are the lesser evil and that has to count for something. Good and evil aren't binary states. All of us are both good and evil. Being less evil is the trajectory of morality." --SC

    by tb92 on Tue Apr 24, 2012 at 07:49:46 PM PDT

  •  Not sure a Kos bannered plea to (0+ / 0-)

    House Repubs is the route to go on something that might be winnable.  More likely counterproductive.

  •  This is not an American problem (2+ / 0-)
    Recommended by:
    ActivistGuy, auapplemac

    The same situation is seen in most of Europe.  The longer we treat it as an American problem, the longer we go down the wrong path to a solution.  The Very Smart People aren't much help.  The "wisdom" of a college education for everyone who can meet minimal academic standards is touted from all sides.  I seem to have been born at the right time, and I never had to face what young people are looking at today.  I have no advice except to take a look at one's skill set and make a rational decision on how to proceed from there.  I remember reading that many young people are learning Chinese and leaving for good jobs overseas.

    •  What a joke. There are no good jobs in China. (2+ / 0-)
      Recommended by:
      sethtriggs, guinea

      Unless your idea of a good job is working 80 hours a week for $500 a month (white collar, mind you) and rent is $400 a month.  

    •  Not quite true (0+ / 0-)

      For decades now in Switzerland, many do not go to university but do apprenticeships instead. Here, they receive practical, on-the-job training, plus financial and technical schooling, leading to a certificate or diploma that is considered equivalent to a degree.

      Friends and family have thus received training as druggist, chef, bricklayer/ builder, carpenter, tyler and similar careers. In fact, the carpenter and the tyler went on to become Masters, themselves trained to train others in their careers.

      I'm sure such a change would be of great advantage. I know that Germany has been using the same system for decades, as well.

      FOSI: Full Of Shit Information - Both my sister and I are trivia freaks...

      by Spoc42 on Wed Apr 25, 2012 at 08:01:08 AM PDT

      [ Parent ]

  •  Santorum was being a jerk (1+ / 0-)
    Recommended by:
    sethtriggs

    but in the process, he landed on one of the hottest issues for the 21st century when he talked about those, the majority of young people, who won't be going to college.  As the costs of college relentlessly escalate, and the likelihood of that education producing a tangible benefit diminishes, this becomes one of the hottest pressure points of the 21st Century Social Crisis.  So far nobody is addressing it honestly.  The pretense that going to college will create a demand for your educated self is some 21st century version of "Say's Law" (look it up).

    The law, in its majestic equality, forbids rich and poor alike from sleeping under bridges. ~ Anatole France

    by ActivistGuy on Tue Apr 24, 2012 at 08:01:49 PM PDT

  •  Many of the Ivies and top 20 universities (4+ / 0-)

    Give 1/2 to full ride need-based scholarships (including room and board) for families who make less than $60k.

    My brother and I both attended a top 10 college for about $5000 in debt each.  

    This option is only for those with absolutely stellar academics (SATs over 1500, APs, tons of ECs and solid letters).

  •  Culture of business has changed (0+ / 0-)

    Just had to mention that there is one additional problem.

    The culture of business over the past couple decades has changed greatly. It used to be you would spend ten of more years in a company moving up the ladder or across depending on the needs. But today we find that businesses  do not want that long term commitment due to higher pay. Or due to volatile markets the company gets bought out or downsized within only a few years of hire. Thus many employees are finding it harder and harder to stay employed for long periods. Thus you find yourself having to deal with bouts of being unemployed between jobs.

    "I think it's the duty of the comedian to find out where the line is drawn and cross it deliberately." -- George Carlin, Satirical Comic,(1937-2008)

    by Wynter on Tue Apr 24, 2012 at 08:22:13 PM PDT

  •  It's really telling that this diary gets so little (1+ / 0-)
    Recommended by:
    auapplemac

    attention, while diaries about dogs and petty Red vs. Blue catfights get hundreds of posts.

    The point of winning elections is not to just win elections.  This isn't a sports team we're rooting for.  

    A 53% underemployment rate for youths diary should be getting thousands of posts.  

    This site has proven itself to be more entertainment than of any practical or policy use.  

    •  This is huge issue ... but only in the real world (2+ / 0-)
      Recommended by:
      wsexson, sethtriggs

      I teach at a land grant university.

      For the past 2 weeks, I have been conducting half hour one-on-one discussions with my graduating seniors (in business) - mainly about jobs and job prospects.

      A number of them (about 20% so far) plan to look for lower skill jobs in or near their hometown. They don't want to stay at home. They need to live with their parents for 2 to 5 years so they can pay off their student loans - then they will look for a job in their field.

      Some of these are my brightest students.

      Maturity: Doing what you know is right - even though you were told to do it

      by grapes on Tue Apr 24, 2012 at 08:54:45 PM PDT

      [ Parent ]

      •  :( That was my plan too, but... (0+ / 0-)

        ...it didn't work out.  I only had my job for 3 years after getting my Master's, and then I was laid off... for 3 years and counting.  I never finished paying my student loans, and I never got to move out, buy a car, or a house, or get married, or have any kids, and now I'm 34 and most of those things look to be slipping away for good.  Of all of them, it's the never-getting-to-have-a-family-of-my-own part that upsets me most.  Over the past 3 years, I applied for every kind of job, government, non-profit, for-profit, etc. and had my hopes raised and busted over and over by shady recruiters and numerous job scams.  I did and still do volunteer for good causes... not that employers care....  They don't.  Recruiters demand to know about my volunteering, demand to know what I've been "doing all this time," but then give me flak if they disagree with the causes I picked.  I tried to start a business because they told me to at the CareerLink office, but my education isn't in business and my efforts haven't produced anything even remotely resembling a salary.  Basically, my life is ruined, probably beyond repair.  And my teachers used to tell me I was really bright, too.  :~(

        •  Some cool items on your website (0+ / 0-)

          Very nice--I can think of several people who would like these.  One thing: some of the images are not loading properly (at least for me, even if I refresh the page).

          Best luck to you.  These times they are a changin.'

  •  Interestingly my acquaintance is getting lots... (1+ / 0-)
    Recommended by:
    auapplemac

    ...of offers.

    She was recently called to interview for a position with a substantial raise and doesn't even have her bachelors. She has a stocked resume, however, and a track record of success.

    In the current HR environment degrees < experience.

    I think we are going to see the devaluation of the college degree reach its peak relatively soon.

    The real problem is that we have too many laborers and not enough demand for workers.  Blame your friends in China who made your iPad. Globalist slave labor has killed the working class and the service class it supported.

  •  And Yet ... (0+ / 0-)

    There is talk all over the world of extending the retirement age from 65 to 68, or 70, or even 75. This would decrease the size of the number of jobs further.

    However, there is the matter of ageism. At the age of 55, I have been out of work for over a year, and cannot find anything because they want my experience of over 30 years in IT, but want to employ a 25-year old.

    You're damned if you're too young, and you're damned if you're too old.

    What is wrong with this picture?

    FOSI: Full Of Shit Information - Both my sister and I are trivia freaks...

    by Spoc42 on Wed Apr 25, 2012 at 03:57:19 AM PDT

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