Half of new grads are jobless or underemployed
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Half of new grads are jobless or underemployed
- April 23, 2012
- Research by David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is featured by the Associated Press and 12 additional publications April 23, 2012
From the AP:
David Neumark, an economist at the University of California, Irvine, said a bachelor's
degree can have benefits that aren't fully reflected in the government's labor data.
He said even for lower-skilled jobs such as waitress or cashier, employers tend to
value bachelor's degree-holders more highly than high-school graduates, paying them
more for the same work and offering promotions. In addition, U.S. workers increasingly
may need to consider their position in a global economy, where they must compete with
educated foreign-born residents for jobs. Longer-term government projections also
may fail to consider "degree inflation," a growing ubiquity of bachelor's degrees
that could make them more commonplace in lower-wage jobs but inadequate for higher-wage
ones.
Original link not available. Instead see http://www.msnbc.msn.com/id/47141463/ns/business-stocks_and_economy/#.T5...
Also ran in:
MSNBC
Charlotte Observer
Daily Sparks Tribune
Dallas Morning News
Desert Sun
Huffington Post
Kingsport Times-News
Manteca Bulletin
Tampa Bay Online
Tuscaloosa News
USA Today
Tasley Eastern Shore News
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