Unemployment Rate for Graduates Is Down

Marcianne Kuethen

Updated July 3, 2024

Scott Kuethen, Amtec’s CEO, is famous for telling young people, “I’ve never met someone who was sorry he got a college degree. But I have met lots of people who wished they’d gone to college.” A new post-recession study proves this bit of wisdom–but also shows that the job market is still rough for all young adults.

Among those whose highest degree was a high school diploma, only 55 percent had jobs even before the downturn, and that fell to 47 percent after it. For young people with an associate’s degree, the employment rate fell from 64 percent to 57 percent. But those with a bachelor’s degree started off in the strongest position and weathered the downturn best, with employment slipping from 69 percent to 65 percent.

To read more about the study, published by the Pew Charitable Trusts, click here.

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Article originally published on nytimes.com by Richard Perez-Pena.

Marcianne Kuethen

Marcianne Kuethen is a Senior Writer at Amtec, where she has written over 700 blog posts in the past 18 years. Her family has led the company across three generations, from her father who founded Amtec in 1959 to her son Barrett who serves as President and CEO today. Outside of writing, she makes art, music, and gardens.