Featured Research

from universities, journals, and other organizations

No improvement in job market for young college grads, some deterioration, new report reveals

Date:
June 20, 2012
Source:
Drexel University
Summary:
Even as the job market has rebounded over the last two years, the employment prospects for young college graduates have continued to deteriorate, according to a new report. Rather, even during this period of net job creation, young college graduates saw their employment rates fall at the same time as their mal-employment rates increased.

Even as the job market has rebounded over the last two years, the employment prospects for young college graduates have continued to deteriorate, according to a new report by Dr. Paul E. Harrington and Dr. Neeta P. Fogg, labor economists in Drexel University's Center for Labor Market and Policy. Rather, even during this period of net job creation, young college graduates saw their employment rates fall at the same time as their mal-employment rates increased.

The report reveals that there was a sizable decline between the winter-spring of 2007 and 2012 in the proportion of all young college graduates who worked in a college labor market job; a decline from 54.1 percent to 43.9 percent among 20- to 24-year-olds and 63.9 percent to 56.7 percent among 25- to 29-year-olds. A sizeable part of these declines occurred in the jobs recovery period over the last two years.

"The promise of an economic return to a college investment is, at its most fundamental level, found in the labor market," said Dr. Harrington. "The ability of young Americans to prosper through investments in human capital has diminished as access to jobs that utilize the skills, knowledge and abilities developed in college has declined."

Full research brief (PDF)


Story Source:

The above story is based on materials provided by Drexel University. Note: Materials may be edited for content and length.


Cite This Page:

Drexel University. "No improvement in job market for young college grads, some deterioration, new report reveals." ScienceDaily. ScienceDaily, 20 June 2012. <www.sciencedaily.com/releases/2012/06/120620132928.htm>.
Drexel University. (2012, June 20). No improvement in job market for young college grads, some deterioration, new report reveals. ScienceDaily. Retrieved August 30, 2014 from www.sciencedaily.com/releases/2012/06/120620132928.htm
Drexel University. "No improvement in job market for young college grads, some deterioration, new report reveals." ScienceDaily. www.sciencedaily.com/releases/2012/06/120620132928.htm (accessed August 30, 2014).

Share This




More Science & Society News

Saturday, August 30, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

California Passes 'yes-Means-Yes' Campus Sexual Assault Bill

California Passes 'yes-Means-Yes' Campus Sexual Assault Bill

Reuters - US Online Video (Aug. 30, 2014) California lawmakers pass a bill requiring universities to adopt "affirmative consent" language in their definitions of consensual sex, part of a nationwide drive to curb sexual assault on campuses. Linda So reports. Video provided by Reuters
Powered by NewsLook.com
As Drought Continues LA "water Police" Fight Waste

As Drought Continues LA "water Police" Fight Waste

AFP (Aug. 29, 2014) In the midst of a historic drought, Los Angeles is increasing efforts to go after people who waste water. Five water conservation "cops" drive around the city every day educating homeowners about the drought. Duration: 02:17 Video provided by AFP
Powered by NewsLook.com
Who Could Be Burnt by WHO's E-Cigs Move?

Who Could Be Burnt by WHO's E-Cigs Move?

Reuters - Business Video Online (Aug. 28, 2014) The World Health Organisation has called for the regulation of electronic cigarettes as both tobacco and medical products. Ciara Lee looks at the impact of the move on the tobacco industry. Video provided by Reuters
Powered by NewsLook.com
JPMorgan Chase Confirms Possible Cyber Attack

JPMorgan Chase Confirms Possible Cyber Attack

Reuters - US Online Video (Aug. 28, 2014) Attackers stole checking and savings account information and lots of other data from JPMorgan Chase, according to the New York Times. Other banks are believed to be victims as well. Fred Katayama reports. Video provided by Reuters
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:
from the past week

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins