41% of college grads overqualified for what they do
Source: CNN Money
A survey out Tuesday found that 41% of college graduates from the last two years are stuck in jobs that don't require a degree.
Consulting firm Accenture talked to 1,005 students who graduated from college in 2011 and 2012 and haven't returned to graduate school. In addition to those who are underemployed, 11% said they are unemployed, with 7% reporting they haven't had a job since graduating.
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Nearly two-thirds of those surveyed said they would need additional training in order to start their chosen career, with 42% saying they expect to go to graduate school. That's a sharp change in thinking from those still in school: A separate survey by Accenture found that only 18% of the class of 2013 expects to need graduate school.
It will likely be much higher, as job prospects are grim for the class of 2013. The unemployment rate remains stubbornly high at 7.6%, and recent graduates fare even worse, according to the Labor Department.
Read more: http://money.cnn.com/2013/04/30/pf/college/college-grads-jobs/
Skittles
(153,142 posts)Vincardog
(20,234 posts)Brigid
(17,621 posts)Truck driving jobs.
Posteritatis
(18,807 posts)RobinA
(9,888 posts)brother drives a truck, and he makes way more than I can ever hope to with my Master's.
I'm in a job that doesn't require a Masters, although the Masters probably helped me GET the job. In my field, everyone is overqualified, so you kind of have to be in order to get anywhere. Last promotion I went for, which did technically (although not realistically, it's a glorified clerk job masquerading as something much, much higher) require a Master's, I got beat out by someone with a PhD. That particular person is currently trying to get job that is a promotion, but doesn't require a Master's. It's a mess out there.
meow2u3
(24,761 posts)Currently, the underemployment rate is cooked to count only part-time workers who can't find full-time work, regardless of what the job pays or the workers' educational qualifications. This way, they can make the real underemployment rate look smaller than it actually is.
Dishonest, just as the way the unemployment rate is measured, in my book.
DotGone
(182 posts)That was an ad I saw last month. Fucking ridiculous. Needless to say it also paid crap.