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Too Many Graduates - Not Enough Jobs

Bill258 Wrote: Jun 19, 2013 9:38 AM
37% of employed U.S. college graduates (5 million) are in jobs that the Bureau of Labor Statistics suggests requires less than a four-year college education. 32.2% of police officers, 24.6% of retail sales people, 23.5% of amusement / recreation attendants, 18% of firefighters, 18% of telemarketers, 16.8% of secretaries / administrative assistants, 17.6% of office clerks, 16.5% of bartenders, 15.4 % of taxi drivers, 14.5% of counter clerks and 12.9% of parking lot attendants have college degrees. The cost of their college education is not justified. 30% of people 25 and older have college degrees. There are insufficient jobs in the U.S. that require the college degrees that people have attained. The 2nd, 3rd, 4th and 6th occupations projected to have the largest growth in jobs between 2010 and 2020 require less than a high school education. newsandopinions dot net

Reader "BC" passed on a series of articles about jobs and wages, and matching up graduates with the skills companies seek. 

The articles are all in regards to China. Change the names and faces, and the stories sound to me like things you could easily read here.

The problems are universal: too many graduates, trained in fields where there are no jobs or few openings. 

Job Prospects for China's...