Posts Tagged ‘unemployment’
Essential Data on Colleges and Careers
Thursday, January 12th, 2012Across the country, colleges and universities are re-thinking goals and aspirations in light of diminishing revenues and falling endowments. At the same time, prospective students and their families increasingly seek an economic value for their tuition investment. These realities conflict when it comes to providing exceptional career assistance to students and alumni. The following data support the assertion that colleges and universities need to focus not only on student learning outcomes, but also on ensuring the success of their graduates.
A Model for College Grad Career Success in 2012
Sunday, November 27th, 2011In 2008, Brittany Haas left college with a newly minted degree in Apparel Design. A few months later, the stock market took a nose dive, leading to years of double-digit unemployment for young college grads. Hit worst have been those with degrees in art and design and liberal arts. But this is not another story of doom and gloom. At age 24, Brittany is US Retail Planner for a world-renowned fashion house, managing a multi-million dollar budget—along with her own business.
Employment Elusive for 2011 College Grads
Monday, July 18th, 2011The government’s June statistics contained an unpleasant surprise for the Class of 2011: a ten percent rise in the unemployment rate compared to June, 2010. Twelve percent of college graduates under the age of 25 had no work at all in June, 2011—not even a part-time or low-level job.
It wasn’t supposed to be like this. After two years of unemployment rates above ten percent, there were signs of improved prospects for college seniors. The National Association of Colleges and Employers (NACE) reported in March that 53% of employers planned to hire more college seniors from the Class of 2011 than the Class of 2010. And, colleges across the country attested to increased participation from employers in fall career fairs.
College Seniors: Don’t Go To Graduate School
Monday, April 5th, 2010The Class of 2010 must be cursing their collective bad luck. For most of their college career, they watched employers wooing their older classmates with promises of high salaries and signing bonuses. Then they sat back, dumbfounded, as the Class of 2009 confronted the worst hiring situation in decades. Now, they have to face the fact that the jobs recovery still remains elusively over the horizon.
Good News for College Grad Employment
Sunday, November 8th, 2009The latest government (BLS) unemployment statistics for October, 2009, were accompanied by a collective national groan. Across all populations, the average unemployment rate rose to a high of 10.2%–up four tenths of a percent from September, 2009, and 54% higher than a year ago. But unemployment woes have not affected every group equally. There is a whopping discrepancy between individuals with no high school diploma, and those with a college degree.
Why Higher Education Can’t Ignore Graduate Unemployment
Thursday, July 2nd, 2009This press release asserts that as the unemployment rate for college graduates doubles from 2.4% in June 2008 to 4.8% in June, 2009, higher education needs to pay more attention to career services.
Graduate Unemployment: The Threat to Higher Education
Wednesday, December 31st, 2008As graduate unemployment rises, college career services must look at ways to combat the phenomenon if they want to retain and attract students.