Graduates with bachelor’s degrees are increasingly scraping by in lower-wage jobs.
The 2012 graduating classes in U.S. colleges are in for a rude awakening to the world of work.
The weak labor market has left half of young college graduates either jobless or underemployed in positions that don’t fully use their skills and knowledge.
Continue reading… “1 in 2 recent graduates are jobless or underemployed”
There are 8.8 million part time workers wanting full time jobs.
The unemployment rate in the U.S. is 9.1 percent but the job market is actually worse than that. The 14 million unemployed in the U.S. aren’t just competing with each other they are also competing with the 8.8 million people that are part-timers who want full-time work.
Continue reading… “Toughest competition unemployed face is the underemployed”
There are 5057 janitors with Ph.D.’s in the U.S.
There are 18,000 parking lot attendants in the U.S. with college degrees. There are 5,000 janitors in the U.S. with PhDs. In all, some 17 million college-educated Americans have jobs that don’t require their level of education. Why?
18% of Americans are unemployed or underemployed.
A Gallup Organization survey shows that 18.4 percent of U.S. workers say they are either unemployed or underemployed, according to a Gallup Organization survey. The running survey of U.S. workers shows 81.6 percent of them have jobs, but the national unemployed/underemployed number has been between the high-teens and 20 percent throughout the year. Gallup surveys 19,800 American workers each month.
Continue reading… “18% of U.S. Workers Are Unemployed or Underemployed According to Survey”
