Few Jobs for College Graduates; 80 Percent Move Back Home

Few Jobs for College Graduates; 80 Percent Move Back Home
by Jeff Davis
Most young Whites in college are hoping to graduate, find a job, earn a good salary and get on with their lives. Well, most will graduate, but the part about getting a job is where most will run into a brick wall.
The Baltimore Sun reports: “A survey of last year’s college graduation class showed that 80 percent moved back home after getting their diplomas, up significantly from the 63 percent in 2006. The CollegeGrad.com survey of 2,000 young people showed that seven in 10 said they would live at home until they found a job. Now, as another class of graduates — the 2010s — move into the job market, the economy is still rough. A good number are still searching from the class of 2009, said Guy Davis, director of the career center at Towson University. He said only about 20 percent had jobs lined up at graduation, with a fair number looking at graduate school. The 14.7 percent [official, cooked figure] unemployment rate for those ages 20 to 24 remains double what it was in 2007, recent Bureau of Labor Statistics figures show, and is 50 percent higher than that of the overall population.” (more…)































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