Recent college graduates are having a harder time finding work, despite their higher education degrees, which usually give job-seekers a leg up in the labor market.
That’s according to a new report from Oxford Economics which shows that unemployed recent college grads account for 12% of an 85% rise in the national unemployment rate since mid-2023. That’s a high number, given that this cohort only makes up 5% of the total labor force.
What’s more, the rate of unemployment among workers who have recently graduated from college and are between the ages of 22 and 27, is nearing 6% —which is above the national unemployment rate of 4.2%.
Not sure why your getting down voted for stating a fact. Neither Republicans nor Democrats give a rats ass about us, we are ants in their empire. Nothing but a means to stuff their coffers. Every passing year the rich get richer, the middle class continues to evaporate, and more and more people enter poverty. The wedge only gets driven deeper, it has never lifted in the last 20+ years. We’re fucked.