College Graduate Unemployment

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College Graduates and Unemployment Imagine a student going to high school for 4 years and then applying to colleges and stressing out about the cost of college. Then the student struggles in college to reach the goal of being able to get a real job that will provide for a future family. The student graduates from college, but when they search for a job, the student cannot find one. All of the money paid into college went to waste if the student cannot find a job in the student’s desired field. College graduates tend to apply to remedial jobs after college, because jobs in desired fields are scarce. Finding a job is a difficult task for college graduates. Some job fields have a minimal amount of openings, and if there are openings, the people …show more content…
The flexible jobs do not have anything to do with the graduates degree or training. They also enter into flexible and remedial jobs, because they cannot find a job that relates to their degree and they do it to just have a job in general. When recent graduates enter into flexible jobs they experience wage penalties and the job requires less training (Bertrand-Cloodt). This is a temporary solution to finding a job right after college. Even though entering a job that doesn’t have a relation to someone’s degree can be disappointing, it can still provide experience into the job world and it could even be considered a stepping stone into permanent employment. When graduates enter into flexible jobs they can obtain work experience and they can develop their abilities for their future more permanent job opportunities …show more content…
The nation’s long-term growth and economic output depends on the supply of labor and worker productivity (Mayer). Since the economic growth depends on the labor productivity, there needs to be a solution to unemployment in recent college graduates. In an academic journal by Ron Baiman, there are three proposed ideas of how to address underemployment and unemployment. The first part is reducing underemployment and unemployment by stimulating output, either under public or private auspices, of infrastructure, or social investment, which means that we would increase employment in transportation, education, health care, etc. The second part is responding to the failure of the private market to provide needed current public services, which means that we will increase the pay and working conditions of these public service jobs. The third and final part is to target government investment and overall job growth towards the industries of the future, which means to increase job growth in the industries of the future and in the “green” technologies

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