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Trading Caps and Gowns for Mops

After four years of college, many graduates are ending up in jobs that only require the ability to operate a cash register with a smile.

After commencement, a growing number young people say they have no choice but to take low-skilled jobs, according to a survey released this week. And while 63% of “Generation Y” workers — those age 18 to 29 — have a bachelor’s degree, the majority of the jobs taken by graduates don’t require one, according to an online survey of 500,000 young workers carried out between July 2011 and July 2012 by PayScale.com, a company that collects data on salaries, and Millennial Branding, a research and management consulting firm.

Another survey by Rutgers University came to the same conclusion: Half of graduates in the past five years say their jobs didn’t require a four-year degree and only 20% said their first job was on their career path. “Our society’s most talented people are unable to find a job that gives them a decent income,” says Cliff Zukin, a professor of political science and public policy at Rutgers.

The jobs that once went to recent college graduates are now more often going to older Americans. Over the past year, workers over 55 accounted for 58% of employment growth, says Dean Baker, a co-director of the Center for Economic and Policy Research, a nonprofit think tank in Washington, D.C. Why? Employers think older workers are a safer bet and more likely to stay, he says. Unemployment hovered at 6.2% in July for workers over 55, according to the Labor Department, but was more than double that rate — 12.7% — for those ages 18 to 29.

As a result, college graduates are finding themselves locked into lower-paid jobs. “The shaky economy has forced many of them into a world of underemployment,” says Katie Bardaro, lead economist for PayScale. The starting salary for a graduate is $27,000, 10% less than five years ago, the Rutger’s study found. “Unlike those who graduated five years ago,” Zukin says, “the long-term expectations of this generation are not being met.”

Graduates must either face years of underemployment or go back to graduate school, experts say. “This generation of young Americans are trapped,” says Paul T. Conway, president of Generation Opportunity, a nonprofit think tank based in Arlington, Va. Dave Marshall, 23, earned a bachelor’s degree in sociology from the University of Florida in Gainsville last year, works in private security and is a reservist in the U.S. Army’s National Guard. “My education is almost irrelevant in the private security field,” he says, “but it’s a job.”

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    • By WebOsPublisher

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    • By WebOsPublisher

      cn som1 plz giv me a read me on the whole cw+cm things and stuff because i dnt get hgow to work any of the cheats plz!
      PLZ HELP I CNT WORK CHEATS | OneHitGamer
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      PLZ HELP I CNT WORK CHEATS
      Discussion in ‘PSP Support’ started by andz_6, Feb 11, 2008.
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      cn som1 plz giv me a read me on the whole cw+cm things and stuff because i dnt get hgow to work any of the cheats plz!
      andz_6,
      Feb 11, 2008
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      joeblack
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      I don’t know much but I think I can help here. First you need a cfw it can be either m33 or oe cm works with oe and cw works with m33"although iv never had much success with cw" ok after you get a cfw connect your psp to your computer and on the root of your stick "by root they mean the first screen that comes up that has the psp folder visible and all the other folders" download the program you want and you should see a folder called "seplugins’ somewhere with the download" take that folder and put it on the root of your m stick then open up your recovery menu"to do that you need to hold R as the psp powers up" go the to part that says "plugins" and there will be some cw icons or some cm ions click them all to enable them then click exit and if you have cw all you have to do now is to hold select during game play and the menu will come up go to "select cheats" pick the ones you want then on the main menu of cw click y for the enable cheats option and now your done. yay oh and heres the addres for a cw cheat setup onehitgamer.com/viewtopic.php?f=124$t=18661
      joeblack,
      Feb 11, 2008
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    • Remarkably! Thanks!

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