Reply to Lots of friend's kids aren't getting jobs post college. Is this common?

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[quote=Anonymous][quote=Anonymous]Most of our friends kids have found jobs post college.  For a few it took a few months, but they eventually found something.  The unemployment rate is low- especially in this area.  Plenty of jobs out there. [/quote]
I'm assuming they're counting baristas with bachelor's degrees as employed. Which they are... but they'd be similarly employed if they didn't have the degree (and they wouldn't be paying back loans on their meager incomes). Underemployment was 13.7% a year ago. That's more the issue. There are some people who can't find jobs at all, but being underemployed (someone with a bachelor's degree who is working at Target or Macy's or Wendy's as a cashier) is more common.

There are also people with degrees who are doing the same jobs as those without degrees. Maybe they're making a reasonable income. They are underemployed, but not grossly so. So maybe someone with a degree is history is an EMT or someone with a degree is sociology is a receptionist at a doctor's office or works at a bank. Those jobs are available to those without degrees and they pay reasonably well.[/quote]

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