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  • Unemployment among College Grads

    11/5/2010 2:29:35 PM Posted by Evan Gassman

    This blog post was written by Jiesi Zhao, Sarah T. Hermann Intern Scholar 

    Unemployment LineBy now you’ve probably heard that having a college degree no longer guarantees job safety or that you’ll even have a job upon graduation. In fact, unemployment among workers with a college degree is at a record high since the Great Depression and the unemployment rate among young people was at 18.6% in June, and show no signs of coming down. These statistics clearly indicate the bleak reality faced by college graduates all over the country. Among my colleagues at UC Berkeley, there is a general sentiment that having a degree from Cal use to mean something, but now they are just as lost and unsure of what their futures hold as anyone without a bachelor’s degree.

    Recent grads send out hundreds of applications every week and are lucky if they hear back from one or two of them. And as the weeks go by with still no job in sight, many are losing confidence and resorting to taking part-time work or moving back in with their parents.

    However, even in this dejected state, there are steps you can take to better your situation:

    The first is to recognize that any hands-on government action claimed to be able to create more jobs by increasing spending has never worked and will not work this time either. Since the passage of Obama’s supposed stimulus bill, the number of people no longer in the labor force has grown by 3.2 million. Moreover, the average American spends about 28.5 weeks unemployed and looking for a job, the longest since 1948. So, sitting around and waiting for the Obama administration to fix things is clearly not the answer.

    The next step is to not lose faith in the skills you have obtained from earning your college degree and expand your job hunt methods. Use more than one job listing website, don’t just bank on one or two applications to work out, and find out if your alma mater offers any alumni career fairs (many of them do). With the right skills and a good marketing strategy, it will only be a matter of time before you find a job that is a good fit for you, even if it takes a little longer than you had anticipated. Moreover, it’s okay to take a part-time job that you did when you were sixteen for the time being as long as you don’t give up the search for something more suitable. You may have to swallow your pride a bit, but you’ve got to start somewhere.

    Lastly, do something industrial or recreational with the extra time you have. You don’t have to be the next creator of Facebook in order to make a difference. Join a local conservative organization and offer to get more involved in planning the next group event or network with new friends by joining a tennis club.

    With the recent rise of Americans, and especially young Americans, who believe in liberty and freedom, the future is already starting to look brighter and our economy is poised to recover despite Obama’s socialist strategies.

     

    This blog post was written by Jiesi Zhao, Sarah T. Hermann Intern Scholar

     

     

     

    • Readers' Comments

    • Good article but yet incomplete. As Paul Harvey would've said, here's "the rest of the story". The following is from http://www.numbersusa.com/content/news/july-15-2008/teenyoung-adult-joblessness-worsening.html "Teen/Young Adult Joblessness Worsening Tuesday, July 15, 2008, 5:13 PM EST - posted on NumbersUSA With foreign workers filling jobs traditionally held by teenagers and young adults, the Washington Post reports today that the youth jobless rate for June was at its highest level in the last 60 years, according to a new study. Northeastern University's Center for Labor Market Studies analyzed Labor Department data and found that only 37 percent of teenagers ages 16 to 19 were employed nationwide, compared with 51 percent in June 2000. The study was prepared by Andrew Sum, who contends that competition for low-skill summer jobs is tough for youths because they face extraordinary competition from illegal aliens, other foreign workers, college grads not yet working in their fields, laid-off workers and older workers. Please read NumbersUSA Executive Director Roy Beck’s blog -- In the Berkshires, Americans Do These Jobs – for more background on the link between high immigration levels and joblessness among teens and young adults. A study of 10 major cities prepared by the Center in April, 2008 determined that the youth joblessness rate was highest in Washington, D.C. (86%), followed by Chicago (85%), and Detroit and New York (tied at 82%). Sum’s study measured the proportion of teenagers and young adults who are working. As a result, his figures are higher than Labor Department unemployment statistics, which measure the proportion of people actively looking for work. The following quotes from Sum included in the Post article provide some insight into why his choice of measurement is the better one: “Not all kids want to work, but when kids can't find work, they stop looking…The kids who need work the most are getting it the least. There are a large number of kids unemployed and underemployed because there are simply not enough jobs for them… In the 1990s, teens benefited more than the average worker from the employment boom, with one out of every 10 new jobs… But teenagers did not get one net new job between 2003 and 2007. That's the first time that has happened in 40 years." Sum concludes youths can’t pick up these new jobs because of competition from illegal aliens and other adults that take the low-paying service jobs. Their plight has worsened because of the economy’s shift away from high-wage manufacturing." The foreign worker visa programs, as noted above, is definitely a factor in this. In 2009, the feds gave out OVER 1 MILLION work visas DESPITE our national unemployment. 40% of our illegal alien population is made up of those who have OVERSTAYED their visas. You don't need a "coyote" to become an illegal alien. We now have over 8 MILLION illegal aliens in the U.S. in non-agricultural jobs. MANY Democrats and RINOs in Congress/Senate voted for these visa increases and a good number of them lost their ...um..."seats" in the elections this month. Now THEY can be among the unemployed whom they have disenfranchised and defrauded by pandering to cheap labor interests who want to depress wages with foreign visa workers and evade taxes via illegal alien workers. The underground economy of illegal hiring costs LA County at least $2 BILLION/yr. in lost revenues. Is it any wonder California is over $20 BILLION in the red with such rampant illegal hiring? I also recommend reading http://www.numbersusa.com/content/nusablog/cbreiter2/october-16-2009/history-h-1b-legislation-shows-more-employer-abuses.html http://www.numbersusa.com/content/resources/publications/publications/articles/should-us-increase-its-h-1b-visa-program.html and http://www.numbersusa.com/content/nusablog/beckr/december-1-2009/my-tips-obama-jobs-summit-put-hundreds-thousands-back-work-free.html. I HIGHLY recommend that those who want to intern where they can learn HOW to make a difference in this scenario to talk with NumbersUSA. There you will learn WHY unemployment remains where it is and what you can DO about it. Being fully armed with this knowledge will protect you from being co-opted by "progressives" and establishment GOP RINOs to micromanaging the smoke instead of putting out the fire. Learn HOW to invest your time and energy where it WILL make a DIFFERENCE. "The world is a dangerous place not because of those who do evil, but because of those who look on and do nothing." - Albert Einstein
      Posted by Dan Roberts on 11/08/2010
    • "Since the passage of Obama’s supposed stimulus bill, the number of people no longer in the labor force has grown by 3.2 million." That's PRESIDENT Obama to you Jiesi Zhao.
      Posted by TerryDarc on 03/03/2011
    • 46cO3W Great blog article.Really looking forward to read more. Really Cool.
      Posted by 1813 on 09/13/2013
    • KjjGqy Major thankies for the article post.Thanks Again.
      Posted by 81142 on 11/18/2013
    • kus4qa Appreciate you sharing, great blog article.
      Posted by 74193 on 12/15/2013
    • ZBbQUi Thanks-a-mundo for the article post.Much thanks again. Cool.
      Posted by 672991 on 01/18/2014
    • G71gce I really enjoy the blog post.Much thanks again.
      Posted by 53254 on 03/22/2014
    • QY4LsQ wow, awesome blog article.Really looking forward to read more. Want more.
      Posted by 88807 on 04/01/2014
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