Zum ersten Mal seit Beginn der Aufzeichnungen (1990 bis 2026) haben neue Hochschulabsolventen in den USA eine höhere Arbeitslosigkeit als der durchschnittliche Arbeitnehmer [OC]
Von rhiever
Zum ersten Mal seit Beginn der Aufzeichnungen (1990 bis 2026) haben neue Hochschulabsolventen in den USA eine höhere Arbeitslosigkeit als der durchschnittliche Arbeitnehmer [OC]
Von rhiever
14 Kommentare
Source: Federal Reserve Bank of New York, „The Labor Market for Recent College Graduates,“ built from the US Census Bureau and BLS Current Population Survey.
Tools: Python and Matplotlib
Can we correlate this with the percentage of the population having degrees?
Overall Unemployment is 4.3%. It’s hard to get lower than that.
Cool graph but really bad analysis. They try to make the point that the usefulness of degrees are not decaying simply based on the fact that older degree holders don’t have a problem, its younger degree holders. That argument only holds water if the degrees are equivalent, which isnt true. This graph all but proves that a degree gotten in the last 10 years is worse than a degree gotten in the 20 years prior, at no point is the failing education system referenced or even considered in the analysis.
Sounds like we’re finally great again. Awesome, we can wrap it up and get back to normal.
How do I respond to family when they say „Well if kids weren’t getting useless degrees such as underwater basket weaving“?
For reference I am not affected by this stat, but I do sympathize.
For those that don’t know, OPT (optional practical training) is an uncapped work visa for international students that allows them to work in the US. About 75-100k are issued each year and there are ~300k total valid. The government subsidizes this employment by waiving FICA taxes, making new grads on OPT more attractive to businesses.
Our government is subsidizing international student employment while domestic students are unable to start their careers. Why? Surely in a time where we’re laving off hundreds of thousands of people and new grads are unable to find jobs we don’t need to be importing foreign labor and giving them a tax break?
I blame the subprime education crisis.
Leaders and recruiters have more trust in people who graduated before aptitude was a bad word.
https://www.lisep.org/tru
percentage of thepopulation having degrees?
It’s not the first time. This has apparently been the case for over seven years now.
What qualifies as a degree here? Does a person with a degree from university of phoenix online count?
Is Offshoring and H1B Visa still not to blame here?
Outsourcing is the fulcrum that gives these companies leverage to blame automate and screw over paying the local talent what they are worth.
A degree is one thing, but does the data consider the quality of the graduate when considering the unemployment rate? What I as an employer have found that fresh grads of this new generation fail to perform even basic tasks, rendering themselves unemployable, and most elect to be unemployed rather than stay at a job and learn to deal with challenges in the working world. They fall back on having parents to sustain their unemployed lifestyle.