Why College Seniors Without Jobs Are Better Off Than Most

A much smaller number of the college graduates this year will find jobs. That fact has been over examined in the press along with the fact that the long recession means that those graduates who do find jobs will get them at relatively low wages. Furthermore, those wages will stay low for the next several years while the economy recovers.

What has not received much press is the fate of the young people who are in the 2009 graduating class at U.S. high schools, especially those students who will not go on to college. Unemployment among college graduates is still below 5%. Unemployment among people who have only graduated from high school and have no additional training is over 10%. People who did not graduate from high school at all have greater than a 15% chance to be among the jobless.

Check out why college seniors should feel hopeless.

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