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Wednesday, January 8, 2014

College Students

More than half of #America's recent #college #graduates are either #unemployed or #working in a #job that doesn't require a #bachelor's #degree. About 1.5 million, or 53.6 percent, of bachelor's degree-holders under the age of 25 last year were #jobless or #underemployed, the highest share in at least 11 years.

In 2000, the share was at a low of 41 percent, before the dot-com bust erased job gains for college graduates in the #telecommunications and IT fields.

Out of the 1.5 million who languished in the job market, about half were underemployed, an increase from the previous year.

These numbers are hard to fathom, and the more you compare them to other measures of unemployment, the more bizarre they seem.

Does anyone see an opportunity here?

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