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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]All depends on a college degree. If you have any kind of tech, science or anything dealing with numbers degree you are in good shape. Sociology or Art History, well not so much.[/quote]

Not so. National merit semifinalist has an MA in physics from a top university and lives in an area where there are lots of physicists. Went back to local low level college to get a teaching certificate at age 29. He finally landed a teaching job this year.
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You have needed a PhD in physics for decades to get a decent job.  My DH majored in physics in the 90s, and realized that a PhD was the standard, so he had to look at other options.  His university even had a "what else you can do with your physics degree" seminar.

Do universities have career centers anymore?  [/quote]

people really are clueless on what has happened

I’ve often mentioned that a 1989 internal NSF report forecast (and spoke approvingly) that an influx of foreign doctoral students would keep PhD wages down, making doctoral study unattractive to Americans.  That is exactly what has occurred, as noted in the congressionally-commissioned NRC report in 2001, and put bluntly by Cisco Systems Vice President for Research Douglas Comer:  “…a Ph.D. in computer science is probably a financial loser in both the short and long terms, says Douglas Comer”  (Science Careers, April 11, 2008).

The pattern reaching back to 2001 is clear -- fewer jobs, more unemployment, and more post-doc work -- especially in the sciences. A post doc essentially translates into toiling as a low-paid lab hand (emphasis on low-paid as shown below.) Once it was just a one or two-year rite of passage where budding scientists honed their research skills. Now it can stretch on for half a decade .

https://www.theatlantic.com/business/archive/2013/02/the-phd-bust-americas-awful-market-for-young-scientists-in-7-charts/273339/
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