Most recent young college graduates are a carrying a heavy debt load for their education, and they face a harder time paying it off because their wages have plummeted as well—part of a decade-long decline, according to a new Economic Snapshot from the Economic Policy Institute (EPI). “Between 2007 and 2011, the wages of young college graduates dropped …
“For Most Graduates, a Grueling Job Hunt Awaits,” The Wall Street Journalwrites today. Over the weekend, The New York Times sounded the alarmabout employers’ growing use of unpaid internships in fields that typically have never exploited free labor. So, how bad is it for young workers? According to the Economic Policy Institute (EPI), over the past …
Young Workers Struggle to Find Jobs, Pay Student Debt Read More »
Recent projections have job prospects improving for 2012’s college graduates. But there’s a lot more room for improvement than we’re likely to see: 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 …
Half of College Graduates Under 25 are Unemployed or Underemployed Read More »
They say a picture is worth a thousand words, and this graph certainly is. (Including, though it’s not what I’m focusing on here, quite a few words about gender inequality.) Heidi Shierholz writes: After gains in the 1980s and particularly in the 1990s, hourly wages for young college-educated men in 2000 were $22.75, but that …
Recent College Graduates Face Long-Lasting Economic Damage Read More »
Madeline Messa is a 3L at Syracuse University College of Law. She graduated from Penn State with a degree in journalism. With her legal research and writing for Workplace Fairness, she strives to equip people with the information they need to be their own best advocate.
