Recent college graduates are having a harder time finding work, despite their higher education degrees, which usually give job-seekers a leg up in the labor market.

That’s according to a new report from Oxford Economics which shows that unemployed recent college grads account for 12% of an 85% rise in the national unemployment rate since mid-2023. That’s a high number, given that this cohort only makes up 5% of the total labor force.

What’s more, the rate of unemployment among workers who have recently graduated from college and are between the ages of 22 and 27, is nearing 6% —which is above the national unemployment rate of 4.2%.

  • PM_ME_VINTAGE_30S [he/him]@lemmy.sdf.org
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    3 days ago

    Unironically the only thing I could ever recommend any American do out of high school anymore is find your comrades and fight the fucking empire in the streets. Work doesn’t pay, school doesn’t lead to work that pays, trades destroy your body. At least if you find comrades to do stuff with, you can support each other and take advantage of numbers.

    Anything else at this point requires you to agree to get fractally scammed, fucked over, used, and abused by capitalists at every part of the transaction.