“Since the great recession, the labor market has become an especially difficult place for recent college graduates.  The unemployment rate for 22-year-olds jumped from 4.5% in 2000 — at the tail end of a historic technology boom — to 10.3% in the 2009 — 2011 period, according to a presentation Thursday by researchers at the New York Fed. Possibly more concerning is the spike in underemployment among younger workers. Those are recent graduates who have jobs that don’t require a degree, such as a salesperson in a retail store, a food server or even an electrician. In 2001 the underemployment rate fell to as low at 35%, but last year it rose to 44%.”

http://blogs.wsj.com/economics/2013/06/27/is-there-hope-for-recent-college-grads/

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