Rcanes
How high will it go, and for how long?

I did not anticipate such a tight labor market would exist after I graduated when deciding on a career path during my first few semesters at college. I surveyed the job market and sought a degree seemingly valued by society at that time. I did not want to continue slaving away using the sheer strength of a youth at a job requiring back breaking labor, so deciding on an office-based job seemed logical. My ambitions were focused on completing an AAS (Paralegal Studies) as a need seemed to exist in this field, and I also held an interest in legal issues for as long as I can remember. I then transferred to the university.

I just completed undergraduate coursework. No surprise to those following the latest moneystorm, I am having a difficult time finding a job not involving washing dishes, cars, landscaping, stacking various boxes, delivering pizza, placing shopping carts back in their proper position, or any other job that requires few skills save for a strong back coupled with a minimal mental capacity (mindless work).

Societal expectations communicated to new grads seem to say “get prepared for a stormy season.” While I do not claim to speak on behalf of all new college graduates, the observations below generally hold true. I am leaving out many exceptions. True, nepotism still prevails in which some can get jobs based on who they know. Still, other graduates will have the fortune of actually having the skills many employers seek. And others will have the eye or skin color or age that employers desire regardless of skill level. But for others, the job outlook seems depressing. 

BLS data indicate the unemployment rate among college graduates is about 5 percent, which is the highest rate on record since the BLS began tracking unemployment by education level in 1970. For some reason, BLS does not have data related to this statistic in chart form prior to 1992. Either way, a somewhat depressing picture emerges over this period.





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