Wednesday, June 27, 2012

The Young and the Wageless: Too Disaffected to Vote?

Bloomberg Businessweek reports:
One unexpected beneficiary of so many young people looking for work: retailers, who in better times have trouble finding qualified help but are now swamped with applicants with degrees. The portion of working 20- to 24-year-old college graduates in jobs that don’t require a higher education surged from 34.2 percent in 2007 to 39.1 percent in 2010, and among 25- to 29-year-old graduates it rose from 26.1 percent to 29.9 percent, according to an analysis by Paul Harrington and Neeta Fogg, researchers at Drexel University’s Center for Labor Markets and Policy.
You might want to read this.