The fact is that approximately 53% of college graduates are unemployed or working in a job that doesn’t require a bachelor’s degree. It takes the average college graduate three to six months to secure employment after graduation.
What percentage of people are unemployed after college?
5. Roughly 53% of recent graduates are unemployed or underemployed. The average college graduate needs up to half a year to find their first employment.
Is it hard to get a job right out of college?
Obtaining employment after college is often difficult and the reasons for this are vast. Although some individuals fail to do their part, other times the situation is out of their control. Some graduates accept the first job they find without realizing the potential impact it may have on their future.
Does a college degree matter 2020?
2) Finding a Job and Remaining Employed
Let’s face it, a college degree holds a higher prestige than a high school diploma, and many people seem to appreciate those who’ve made the effort and graduated. According to a 2016 study by Georgetown University, the majority of the jobs still go to bachelor’s degree graduates.
What are 3 disadvantages of going to college university after high school?
Either choice has advantages and disadvantages that affect your post-college life.
- Advantage: Get Your Degree at a Younger Age. …
- Disadvantage: Haven’t Sampled the Real World. …
- Advantage: Continue With Classmates. …
- Disadvantage: Not Ready. …
- Advantage: Less Responsibilities. …
- Disadvantages: Haven’t Saved Up Enough Money.
Do college students count as unemployed?
Unemployed workers are those who are jobless, seeking a job, and ready to work if they find a job. … Note that the labor force does not include the jobless who are not seeking work, such as full-time students, homemakers, and retirees. They are considered to be outside the labor force.
What degree has the highest unemployment rate?
Of all college majors with available employment data, the geological and geophysical engineering major has the highest unemployment rate. About 8,300 members of the labor force majored in the subject, and 8.1% of them are unemployed, more than triple the 2.6% unemployment rate among all college graduates.
Is a college degree still worth it?
Abel and Richard Deitz find that despite the soaring cost of attending college, the financial benefits of higher education still outweigh the expenses. … Abel and Deitz also found that the return on a bachelor’s degree, while averaging 15 percent for all college graduates, differs according to a student’s major.
What are considered the worst majors?
10 worst majors by average unemployment
What is a good salary after college?
About 17% of students expect to earn more than $85,000 per year from their first job after graduation, according to a recent survey by AIG Retirement Services and EVERFI of over 20,000 college students nationwide. The $85,000 starting salary was the most common response from students.
Why is it so hard for me to get a job after college?
One of the reasons college graduates can’t find a job is because they don’t know what types of jobs they can get with their major. … Many majors, like communications and business, are very broad, but you picked them for certain reasons. You can work in just about any company doing a variety of different things.