This website uses cookies to ensure you have the best experience. Learn more

Underemployment On The Rise For Graduates

1726 words - 7 pages

Does going to college and obtaining a degree guarantee one an acceptable job after college? Many college students never once research their major and look at the job openings available after graduation. Students think that going to college is going to guarantee them a high paying job that they imagined, but jobs are in high demand and underemployment is on the rise. Many recent college graduates are finding themselves in a panic to find a job that is adequate enough for their needs. Increasing numbers of recent college graduates are ending up in relatively low-skilled jobs that, in the past, have gone to those with lower levels of educational attainment. Underemployment among college ...view middle of the document...

People keep on going to graduate school and going deeper in debt for the promise of jobs that don’t actually exist, and that’s how we end up with this flooded job market and the horrible degree inflation that goes along with it. The economy has yet to deal with more than half of last year's unemployed, and this year's increase of job seekers could push the nation's 8.2% jobless rate even higher, along with underemployment, which tops 16% (Savitz) . For the lucky who have secured work, statistics show that their earnings will generally start lower and stay low in comparison to those who entered the job market in stronger economies (Are Recent).
Major… It may surprise some to learn that business majors are the most likely to be underemployed. Instead of typical finance work in stocks, many business majors find themselves working in retail or as waiters and waitresses (Fieldman). Fieldman also states in his article, “The main thing with the business major is it’s one of the most popular majors nationwide so they’re just pushing more and more people out into the labor market and this uncertain labor market can’t handle this sudden influx of graduates.” Other studies have found that those with liberal arts degrees are the most likely to be unemployed, and many liberal-arts majors made the underemployed list, including history and English (Adams). A lot of those majors, they’re not trained to do a specific job. You have a broad training, not this specific training, so it’s harder to find a job that suits you. One way college students could improve their job prospects post-graduation is to direct their studies with coursework that builds skills in technology, statistics or accounting (Weissmann.) Many students are graduating with skills that are not demanded by the employers. Underemployment not only has a negative effect on graduates looking for jobs, it has a side effect that is felt throughout the whole economy. Workers that do not hold college degrees are being pushed out of jobs that degree holders are taking. Essentially the country is in a bad way with unemployment and perhaps guiding its future employees down more practical paths. As far as the three studies mentioned earlier, it seems like everyone, but those in the medical field, is having a difficult time. No one is where they want to be. For an example, Kathryn Higgins wants to work in a museum. But, even though she holds a bachelor's degree in literary and a master’s degree in public humanities, she knows that finding a job that fits her education and skills would be like “winning the lottery.” Higgins is twenty nine and lives in Seattle. She works several part-time jobs, including as a nanny and in a daycare watching kids, that don't require a college degree, a “hustle" that she says allows her to just make ends meet (Adams).
Recession.. How many B.A.'s are really out there in dead-end jobs? A new report from the Federal Reserve offers us an answer, which I think can be summed up as:...

Find Another Essay On Underemployment on the Rise for Graduates

Divorce Is on the Rise Essay

1321 words - 6 pages constant rise for the past years in American History, causing a handful of affects on children. Marriage is traditionally defined as a social institution uniting men and women in special forms of mutual dependence for the purpose of founding and maintaining families (Polomeno). At the age of 16, with parental consent, a majority of states will allow marriage. For the couples that marry between the ages of 14 and 17 years of age they are twice as

E-Sports On The Rise Essay

1221 words - 5 pages Everyone always asks what is e-sports, to be simple it's an electronic game that's played on a competitive level with prize pools. Most recently the government has recognized one of the most popular games known as League of Legends as an actual "sport". By allowing this to be noted as a sport players are allowed to get visas to come and play in North America or Europe or even Korea if they so chose, some regions are harder to get visas but they

Account for the Rise of New Social Movements and Evaluate their Impact on Modern British Politics

1091 words - 4 pages , economic issues are of less importance to a NSM than moral or cultural issues for example. Touraine (1982) also noted this change in priorities; he decided it was due to a post-industrial society where production and consumption of knowledge have been of higher importance, causing a 'rain-check' on cultural values, especially in the more educated young and middle class.In view of this argument, another question needs to be asked. Why haven't the

Global Food Prices on the Rise

917 words - 4 pages something about this issue. The higher the demand is for an item, in this case food, the higher the price will be on the item. While it is inevitable for prices to rise on commodities, by providing farmers in developed nations with subsidies to produce corn for ethanol, in addition to providing corn for consumers to eat, also increases prices and can be cut, or eliminated. By outsourcing means to develop ethanol to undeveloped nations, this

Chinese Migration to Japan on the Rise

1721 words - 7 pages China’s open-door policy and the signing of Sino-Japanese peace treaty in 1978, the Chinese population started to grow again in the mid-1980s. In the 1960s, Japan started to play a major role in the economy and started to experience labor shortages. However, both the Japanese government and major corporations did not depend on foreign labor. Rather, they pushed for mechanization in production (Kashiwazaki 2006). From 1970's to 1980's, the rapid

Why is insomnia on the rise?

2014 words - 9 pages Over the last few decades insomnia has been on a dramatic increase, especially in the UK. This is an issue as it causes damage to ones biological state resulting in a negative change of the economical, personal and social state of the sufferer [1]. Therefore, this issue report will identify and discuss treatments and causes for the reason behind an increase in the number of insomniacs in the UK (graph one). Insomnia is described as a chronic

The Rise on Prescription Drug Abuse

1080 words - 4 pages manage the pain their patients are experiencing. This is why most people believe that Physicians are the main cause for the rise of prescription drug abuse (Garcia, 2013). Between the years of 1999 and 2010 the amount of prescription painkillers that were sold to the pharmacies, hospitals, and the doctor offices nearly quadrupled. This means that physicians are prescribing four times more pain medications than they did 11 years ago. The amounts

Iraq: A Country On The Rise

1763 words - 7 pages Iraq: A Country on the Rise      Iraq is a country that is on the rise. After being crushed by allied troops for their invasion of Kuwait, they have begun the slow rebuilding process. In this report, I will discuss the basic geographic features of Iraq, and other various important features such as mineral wealth, vegetation, ect.      Iraq's total area is 271,128 square miles (just

Iraq: A Country on the Rise

1799 words - 7 pages Iraq is a country that is on the rise. After being crushed by allied troops for theirinvasion of Kuwait, they have begun the slow rebuilding process. In this report, I willdiscuss the basic geographic features of Iraq, and other various important features such asmineral wealth, vegetation, ect.Iraq's total area is 271,128 square miles (just slightly more than twice the size ofIdaho). It's capital, Baghdad, is located at 33.20 north longitude

International Acquisitions By China on the Rise

2273 words - 10 pages (Nahavandi and Malekzadeh, 1988; McEntrie and Bentley, 1996; Zhu and Huang, 2007). On March 28, 2010, Chinese automotive manufacturing company Zhejiang Geely Holding Group’s acquisition of Volvo Car Corporation for USD 1.8 billion (NYDailyNews, 2010). Geely is known as a low cost car maker and the acquisition of Volvo will allow them access to Volvo’s vast experience, acquire advanced technology and managerial know-how, brand image and distribution

South Africa: A country on the rise

1606 words - 7 pages accomplishments are any indication of the future, the next 20 years will also surpass expectations. The institute for security studies outlined a prosperous scenario in which it dubbed “Mandela Magic”. In order for South Africa to be set on this pathway, seven interventions are required. The first is to reform the state’s political institutions. The second is to focus on values and ethics. The Third is to fix education. The fourth is Economic

Similar Essays

Brazil On The Rise Essay

887 words - 4 pages For many in the Western world, Brazil is a place of constant wonder and fascination. This immense country contains beautiful coastlines, a large portion of the Amazon rainforest, and one of the world’s most racially diverse and colorful populations. To an outsider this country might seem overwhelming to absorb and comprehend. In Brazil On the Rise, the author Larry Rohter spends 40 years attempting to do just this, presenting his findings in a

Bullying On The Rise Essay

1427 words - 6 pages Bullying on the Rise Bullying comes in many forms, from teasing to harassment to physical aspects. When people talk about bullying, it seems to get swept under the rug, like it’s not a big deal. However, bullying is an epidemic. I believe the number one reason a child, or adult, is bullied has to do with being different. I think bullying is starting entirely too young in children, these days. I feel there is a difference between harmless

Boomerang Kids On The Rise Essay

2481 words - 10 pages in student debt. Students that are completing their undergraduate education are finding themselves in major debt. Students who graduated with a bachelors degree in 2008 have on average 50% more debt than the graduates of 1996 (Stafford). Not only is it getting harder to pay off college because it is expensive, but it has also been harder for students to find a steady income. These students, although young and ambitious, are becoming more

Cyber Crime On The Rise Essay

2393 words - 10 pages these technological threats. With the rest of the world becoming just as technologically advanced as the United States then cyber terrorism might slowly be on the rise here reinforcing the need for a specialized agency to target computer crime. The most prevalent of cyber-crime is identity theft which can be used for monetary or personal gain. The has a story where approximately 2,100 ATMs worldwide were with bank fraud and the result