Your first job after college is crucial to the next 10 years of your career and salary, according to a new joint report by two research firms.
Bachelor's degree holders in the US who finish their first working year while underemployed — in a job that doesn't require their full skills, education, or availability — usually end up staying underemployed. This is according to a report published on Thursday by the Strada Education Foundation and employment data research firm Burning Glass Institute.
Around 73% of those who don't get college-level jobs in their first year after graduation end up stuck in underemployment 10 years later, the report said.
Meanwhile, 79% of those who clinch a college-level job in their first year of work continue to stay underemployed by the 10-year mark, it added.
"The first job in graduation is critical," the researchers wrote. "Graduates who start out in a college-level job rarely slide into underemployment."
Going to college in 2024 is a major risk!