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College Grads Face Tough Times
May 28th, 2010 by picasso707
The New York Times discusses how the college graduates of spring this year have a better chance of receiving better employment opportunities than last year’s graduates. This does not mean that they will have guaranteed positions but there is a better chance of prevailing. The market is hurt and employers say that they are only planning to create 5% more job offers than last year. The average starting salaries are ridiculously low and the economy is the main contributor to this issue. The employment of college graduates is down by 20% compared to the statistics from the spring of 2008. This is very threatening to many students because they are concerned about having to work for minimum wage doing hard labor.
A graduate from the University of Maryland with a bachelors degree in history described his constant struggle with finding a job. He had applied to over 50 employers and said that he had gotten very few interviews. He had to use his last resort and took a job offer selling software which pays minimum wage and a occasional commision. This is very bad scenario because he invested a lot of money and time in his schooling for him to obtain these results.
I am very concerned for my future and hope things shape up because it would be awful to work so hard for nothing. Schooling is supposed to give you an edge, but it is tough compete with the experienced competition and scarce job opportunities.
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