Recent College Graduates Have The Highest Unemployment Rate In Decades—Here’s Why Universities Are To Blame

“The New York Federal Reserve Bank came out with a disturbing report that looks troublesome for college students, recent graduates and their parents.  According to the Fed, college graduates—defined as ages 22 to 27 years old, holding a bachelor’s degree or higher— are  more likely to be unemployed and underemployed compared to overall workers. This is the first time it’s happened in almost 30 years. Statistics show that the unemployment rate for recent college graduates has been steadily moving upward, while the general unemployment rate for all other workers has been rapidly declining over the last 10 years.”

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