1 in 2 new graduates are jobless or underemployed

By: The Associated Press
By: The Associated Press

Monday, April 23, 2012

WASHINGTON (AP) -- An analysis of government data conducted for The Associated Press shows highly uneven prospects for holders of bachelor's degrees.

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.

Young adults with bachelor's degrees are just getting by with lower-wage jobs such as a waiter or waitress, bartender, retail clerk or receptionist.

While there's strong demand in science, education and health fields -- those with degrees in arts and humanities are floundering.

Median wages for holders of bachelor's degrees are down from 2000. Taking underemployment into consideration, the job prospects for bachelor's degree holders fell last year to the lowest level in more than a decade.

(Copyright 2012, The Associated Press)


Have information or an opinion about this story? Click here to contact the newsroom.


Copyright WRDW-TV News 12. All rights reserved. This material may not be republished without express written permission.


Mailing Address: P.O. Box 1212 Augusta, GA 30903 Main Telephone: (803) 278-1212 Newsroom: (803) 278-3111 Fax: (803) 442-4561
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 148518215 - wrdw.com/a?a=148518215
Gray Television, Inc.