Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6634690512274145280
#FederalReserve: #US #Workers #Jobs #DeSkilling #Outsourcing #Disconnect: For the first time in decades, recent #college #graduates are more likely to be out of #work than the population as a whole, according to the New York Federal Reserve… Millions of Americans are seeing little #return from their expensive #college #degrees — even in today’s hot #jobs #market.
#Education #Degrees #Labor #Markets #Students #Debt #Economics
More than four in 10 recent graduates, i.e., 40%, are working in jobs that don’t usually require a college degree, the New York Fed says. The economy is creating a lot of jobs like that — and it’s expected to create even more. In the occupations that are forecast to grow fastest over the next decade, according to the Bureau of #Labor Statistics — from home care to restaurant cooks — typical salaries range from $24,000 to $26,500.
