released by the Federal Reserve Bank of New York on Friday. Last month, the gap stood at 0.6 percentage point.
The pandemic era exacerbated a trend that started in mid-2018, when the advantage new graduates had enjoyed for almost three decades on the labor market reversed. From 1990 to 2018, they had a better chance of finding a job compared with other workers, the data show. The worst period for educated young Americans was the summer of 2020, when millions graduated at the peak of the Covid-19 crisis. Many of them got jobs rescinded by employers as the economy shut down.
While employment improved for young graduates as the economy reopened, the gap has started to widen again in recent months. In March, the overall unemployment rate, smoothed with a three-month moving average, was 3.8% and that of recent graduates stood at 4%. By June, the national rate had fallen to 3.5%, while that of young graduates had risen to 4.1%.
David and Goliath?...History repeating..know your Value and fair price ...Wishing you always walls for the wind, a roof for the rain, tea beside the fire, and the love and laughter of those you hold dear. ⚙️AMAZON⚙️ 🤖AI WaR🤖 🐏🐏🐏 CostOfLiving
Turns out a lot of their college experiences didn’t prepare them for the real world.
Makes no sense!
When you require experience for a starter level position and don’t pay your employees decent wages this is what happens
Clown colleges FOR EVERYONE! :D
We haven't seen anything yet..With 'everything made in USA', jobs, jobs,jobs and unending jobs creation will run from Administration to Administration. Non-partisanship...Let's heap praises to President Biden, for the greatest is still to unfold..
….😁😂😅🤣…
सर मेरा स्थिति इतना खराब हो गया है कि हमलोग के पास अब एक ही उपाय है आत्महत्या के अलावा कुछ कर ही नहीं सकते। एक रुपया नहीं है जो कोई काम करे बिजनेस ठप पर गया कर्ज में डूब गया हूं। बच्चे का पढ़ाई बंद हो गया मेरी माँ का हालत गंभीर है एक भाई को झूठा केश में जेल चला गया Please help
If Job OPENINGS are at an all time HIGH and Unemployment is at an all time LOW it only means one thing and you cannot hide it anymore.. WAGES ARE TOO FUCKING LOW - Pay people what they are worth.
We are still in a Recession no matter how you frame it.