It may not be news to the 1.5 million college graduates struggling to find a job or toiling behind café counters, but Northeastern University researchers break it down: 53.6 percent of bachelor’s degree-holders under age of 25 were jobless or underemployed last year, the highest percentage since the dot-com bubble of 2000. In the last year, college graduates were more likely to be employed as servers, bartenders, and food-service helpers than as engineers, physicists, chemists, and mathematicians combined. The class of 2012 is about to get a gigantic wake-up call.
The statistics are showing that there is something fundamentally wrong with our higher education system when 1 in 2 graduates are unemployed or under-employed. We are failing our kids and leaving them with huge debts. Higher education needs to urgently reconnect with industry and teach skills that industry needs to industry best practice standards.
See on www.good.is