Thursday, December 09, 2010

More on the "Underemployed College Graduate"

CCAP has unearthed more data from the Bureau of Labor Statistics (BLS) that suggest that many college graduates are filling jobs that do not require college-level skills. We originally reported on this issue here, and expanded upon it here.

Richard Vedder has a just-released article in the "Innovations" section of the Chronicle of Higher Education titled "The Great College Degree Scam." The article presents data from the BLS that suggest:
approximately 60 percent of the increase in the number of college graduates from 1992 to 2008 worked in jobs that the BLS considers relatively low skilled—occupations where many participants have only high school diplomas and often even less. Only a minority of the increment in our nation’s stock of college graduates is filling jobs historically considered as requiring a bachelor’s degree or more.
Check out the entire article over at the Chronicle for more.

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