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    Grim Time for Grads

    Mon, 04/23/2012 - 08:15 EDT - Portfolio.com - News
    • Business News

    The college class of 2012 is poised to encounter a tough time in the job market, with half of their young college-graduate peers either jobless or scraping by in low-wage work, new Associated Press data found.

    • Original article
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    Related

    • 1 in 2 new graduates are jobless or underemployed

    • Job Market Improves for the College Class of 2012

      Early news reports suggest that the job market for college graduates is improving for this year's graduating class, and it might be the best job market in four years, here's a sample:

    • Trading Caps and Gowns for Mops; Why Go to College If There Are No Jobs? Chasing the American Dream

      A pair of interesting articles on MarketWatch highlights the plight of those graduating from college deep in debt and little prospects of landing a good job in their field.

    • 53% of New Graduates are Jobless or Underemployed; Rude Awakening for Class of 2012; Useless Degrees; Who Benefits From Student Aid?

      The USA Today reports graduating class of 2012 is in for a rude awakening as Half of new graduates are jobless or underemployed. A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don't fully use their skills and knowledge.

    • To College Grads: It's A Different Economy

      Submitted by Charles Hugh Smith from Of Two Minds College Grads: It's a Different Economy The economy has changed in structural ways; preparing for the old economy is a sure path to disappointment.

    • Spain’s lost generation flocks to low-paying fast food jobs in the U.K.

      Carlos Hernandez Sonseca studied six years for a bachelor’s degree and couldn’t find a job near his home outside Madrid when he graduated in 2011. Last year, he took an increasingly well-worn path to the U.K. The 27-year-old journalist now washes and chops vegetables eight hours a day at the Vital Ingredient salad bar in London’s financial district, making 260 pounds (US$418) before taxes in a 40-hour week. Thirteen other Spaniards are among a workforce of 17, said manager Francisco “Chico” Baumle, a Brazilian.

    • Competition for McJobs Hits Teens: High-School Students with Jobs Hits 20-Year Low

      High school and college kids typically get the jobs that are left over, that no one else really wants, such as working at McDonalds. However, competition for any job is no so intense, that teens cannot find any job that no one else wants. As a result of that increased competition, Number of high-school students with jobs hits 20-year low

    • 2012 college grads enter improving job market

    • Half of new grads jobless or underemployed

    • Why Can't College Grads Find Better Jobs?

      A study out yesterday from Rutgers University found that, not surprisingly, college grads are having a tough time finding a job. And those who do find one are being paid less to do work that isn't up to snuff with their skill level.

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