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The unemployment rate of recent college graduates Increased latest data, when those with a bachelor’s degree increased to 6.1% – and even higher for those with higher degrees or some colleges, but have no degree – that is 4.2% of the national level. This can be enhanced by the highest CEO, such as Jamie Dimon, Ted Decker and John Furner, who urged young people and employers, arguments that urged prioritization to prioritize work and alternative career paths compared to traditional college degrees.
Graduates decide to attend college, not go straight to the workforce for a variety of reasons, whether it is in a particular field or acquire the qualifications needed for a particular role. However, their motives often appreciate one thing: the descent of the career of their chosen profession.
It seems that 2025 Those dreams fall.
According to the latest data published by St. Luis Federal Reserve Bank (FREDs), the unemployment rate of college graduates with a bachelor’s degree was 6.1% from 4.4% to a month in May.
Similarly, the unemployment rate for those aged 20 to 24, with a certain college experience but has no degree, as well as a demographic degree of the same age with a master’s degree or higher, last month.
Freddie reports that the Gen Z, with a master’s or higher, is now 7.2%unemployment and that for those with a certain college experience, unemployment rate is 9.4%.
By analysis Wall Street JournalThat painting is even more scary. By quoting the micro data from the work department, Wsj The unemployment rate of calculated graduates is 6.6% in the last 12 months, with the highest level in May, except for the pandemic spike.
This tendency to increase unemployment is contrary to the remaining US views, where unemployment stable 4.2% from April to May increased only just 12 months ago.
It is probably not surprising that graduates who work in the initial level tend to stay in them, fearing to be stuck in a stagnant market. Meanwhile, Grades, who did not match the role, find it difficult to get rid of the legs to the career ladder.
As the last month’s study reflected the Oxford economy researchers: “Professional, scientific and technical services are less likely than their peers seek employment in another industry, although they are more likely to accept inadequate employment – defined as college graduates working at work with more than 50% of the same role.”
Indeed, while some young potential staff want to take the steps to the side to earn income, analysts have suggested that Gen Z classes are harder than most: “Aukštrufetras is that the unemployment level of graduates will remain increased in the near future.
“Although these employees make up only about 5% of the labor force, they played a major role in increasing national unemployment.”
Alternative routes
It is possible to make an argument that data show that employers do not find the skills they need in newly minted classes, despite tens of thousands of dollars that many will be transferred to achieve their degrees.
E.g.
“If you look at the kids, they need to be educated to get a job. Too much attention to education was paid to finish college … It should be workwork. I think schools should be appreciated, do the children go out and get a good job?” Dimon told Wish-TV last year in Indianapolis.
He added that the idea that a college is the only way to pay for a job is also inaccurate, saying that a 17-year-old bank narrators can take home $ 40,000 a year. “And if you had a family for 18 years or more, you get $ 20,000 for the medical benefit of your family. You may be $ 40,000 in a welder.
Dimon, a Wall Street veteran, also said educators should focus on the skills that will stand well for the rest of their lives, such as nutrition and financial literacy.
Jpmorgan Chase Boss is not alone. A Wsj Last year, the title “Not everyone needs a higher education degree”, “Home Depot” and “Walmart US” CEO, Ted Decker and John Furner, wrote: “Young people have been told for decades that the American dream requires a higher education degree … Meanwhile
They added: “The American dream is not dead, but for those looking for jobs today, it may look different than their parents. We owe younger generations to open our thoughts to different opportunities that employees need to learn new skills and fulfill their dreams.”
This story was initially displayed by fortuna.com