, higher even than the national rate of 9.5%. In April of this year, the jobless rate for college graduates that age surged higher still, to 17.2%.Those who do land jobs after graduating during a recession tend to start at lower salaries than their counterparts whose careers start in good economies.
And there aren’t obvious places to turn. As payrolls nationwide shrank by more than 20 million jobs last month, the losses cut across all industry sectors.“For job seekers right now, it’s trying to figure out not who the growth industries are, but who the industries are that are going to be able to come back with any vibrancy at all,” said Oates, who now serves as president of WorkingNation, a nonprofit focusing on advocacy surrounding unemployment issues.
But after seeing some friends’ parents lose jobs at businesses that were deemed not essential during the pandemic, she broadened her search. She began looking for positions at companies whose services have seen a recent surge in demand, such as streaming video firms.“I’m trying to be a lot smarter about it,” she said. “I don’t know how necessary my interests are, and unless I work for one of those companies, I think I would probably be stuck at home not having a job.
“I’ve had these amazing internships and I’ve seen my dream jobs,” Petty said. “Now, I’m trying to face reality that I’m not going to be there immediately. ... I need to take whatever is available and just get some experience under my belt.”Spencer Petty, left, poses with “Inside Edition’s” Megan Alexander at the CMA Awards red carpet in 2018.
“If you show a prospective employer that you didn’t just sit around and waste time between your classes in this incredibly difficult time, but also added these credentials to your portfolio, you’ll be showing that you had the grit and resilience that you are looking for in an employee,” she said.and Yelp, have rescinded internship offers, 75% of employers in a survey administered by UCLA in March said they are still hiring.
Wow. What level of college degree do you need to figure out people make more money in a good economy?
Federal school loans are due in six months. Better find a job, what!?
Has the potential? It will greatly and negatively affect new graduates.
It sure does. Find out which careers are surviving the pandemic by tuning into my podcast!
Look at all those MBAs we won't have the pleasure of pulling loads under!
My class graduated at the height of the Recession...yeah the job market sucked at first, but it wasn’t the end of the world. What REALLY sucks is that these kids still believe a BA/BS will guarantee a career—which hasn’t been true since the 1980s
_EmmanuelMorgan LA Times, Spellcheck is your friend!
_EmmanuelMorgan Military recruiters be like
_EmmanuelMorgan Everytime we have republicans in W.H economy crashes and a democrat has to come clean up the mess.
_EmmanuelMorgan Time for a new age of innovation
_EmmanuelMorgan
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