Unemployment Rate for Graduates Is Down
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.