According to the Bureau of Labor and Statistics, it is now above 12% for students with bachelor's degrees, which is 4% higher than in 2023.
As college graduates celebrate a major milestone, new numbers show the unemployment rate for United States grads has jumped in just the last year.
According to the Bureau of Labor and Statistics, it is now above 12% for students with bachelor's degrees, which is 4% higher than in 2023. “In 2022, there were two jobs for every individual, and now it’s completely the inverse," said Fran Berrick, the founder and coach at Spearmint Coaching. "There are two individuals for every job.”
According to the Federal Reserve Board, 40% of young adults were underemployed in 2023, meaning they took a job that doesn’t usually require a bachelor’s degree.“You don’t want to be a jack of all trades," Berrick said. "You want to be a master of a specific one.”Some tips include what to include on your resume if you don't have work experience: college sports, clubs, waitressing or babysitting all matter.
“That all counts, and those soft skills that you’ve learned — like responsibility, integrity, commitment — are totally transferable," Berrick said.
College Graduates Job Market Bureau Of Labor And Statistics Federal Reserve Board Underemployed Bachelor's Degree Spearmint Coaching
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mass. overdose deaths dropped 11% in 2023, according to CDC dataFor the first time in four years, Massachusetts saw a decline in overdose deaths in 2023, according to the CDC. State health officials credit the widespread distribution of naloxone and fentanyl test strips, as well as other aid programs.
Read more »
Attacks on law enforcement increased, but fewer were killed in 2023, according to new federal dataAssaults against law enforcement officers with firearms are on the rise, according to a new FBI report.
Read more »
Crazy airport, plane brawls from recent flights around the USThere were 2,075 unruly passenger reports made in 2023, according to the Federal Aviation Administration.
Read more »
Elite universities received millions in donations from 'State of Palestine,' watchdog saysThe donations occurred between 2017 and 2023, according to OpenTheBooks.
Read more »
Shoppers optimistic as grocery prices show slight decreasePrices of some groceries are going down, according to the Bureau of Labor Statistics.
Read more »
Tesla Says That It Improved Its Supercharger Average Uptime To 99.97% In 2023The Tesla Supercharging network is known for its outstanding reliability, which according to the company is near-perfect with a record average uptime in 2023.
Read more »