College Graduates Working Non College Jobs

College Graduates Working Non College Jobs --- ===


Dear Parents: It's Time To Reconsider Whether College Is Worth It ...
https://www.huffingtonpost.com/.../is-college-worth-it_us_5b7deee5e4b0cd327df967...
nearly half of young adults who graduated from college during the post-Great Recession period of 2009-2013 worked “non-college jobs,” ...

due to competition among college grads looking for jobs, many end up taking positions that aren’t in their field of study or that don’t even require a degree in the first place. 

Researchers with the Federal Reserve Bank of New York found that nearly half of young adults who graduated from college during the post-Great Recession period of 2009-2013 worked “non-college jobs,” defined as a position in which fewer than half of workers with that job need a bachelor’s degree. About one-fifth held low-paying service positions such as baristas and bartenders, while many of the rest worked in better-paying roles such as administrative support and sales. 

While non-college positions usually don’t pay as much as the typical post-college job ($78,500 annually at the time of the study), nearly half of these underemployed workers could still expect salaries above what a college-educated employee in early childhood education or social work might earn

Still, we find that roughly 9 percent of recent graduates—or,
about one-fifth of the underemployed—start their careers working in a low-skilled
service job.  We show that only a small fraction of recent
graduates worked in a low-skilled service job following the Great Recession. Instead, we
find that underemployed recent graduates held a wide range of jobs, and while most are
clearly not equivalent to jobs that require a college degree, some are fairly skilled and
well paid. In addition, we find that underemployed college graduates were more likely to
be working in these higher paying non-college jobs than similarly aged young workers
without a college degree. 

[PDF]Underemployment in the Early Careers of College ... - CiteSeerX
citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.737.2836&rep=rep1...
by JR Abel - ‎2015 - ‎Cited by 27 - ‎Related articlesunderemployed worked in fairly well paid non-college jobs requiring some degree of ...... Table 4: Characteristics of Recent College Graduates, 2009-2013.

Federal Reserve Bank of New York

Staff Reports

Underemployment in the Early Careers of

College Graduates Following the Great Recession

underemployment among recent college graduates continued to climb, reaching highs not seen

since the early 1990s. In this paper, we take a closer look at the jobs held by underemployed

college graduates in the early stages of their careers during this period. We show that relatively

few recent graduates were working in low-skilled service jobs, and that many of the

underemployed worked in fairly well paid non-college jobs requiring some degree of knowledge

and skill. We also find that the likelihood of being underemployed was lower for those with

technically oriented and occupation-specific majors than it was for those with degrees in more

general fields. Moreover, our analysis suggests that underemployment is a temporary phase for

many recent college graduates as they transition to better jobs after spending some time in the

labor market, particularly for those who start their careers in low-skilled service jobs.

The image of a young newly minted college graduate working behind the counter

of a hip coffee shop has become a hallmark of the plight of college graduates following

the Great Recession. Indeed, although economic conditions steadily improved through

the recovery, significant slack remained in the labor market, and many recent graduates

were not finding jobs commensurate with their degrees. The underemployment rate for

recent college graduates—that is, the share working in jobs that typically do not require a

college degree—continued to climb for several years following the Great Recession,

topping out at nearly 50 percent, a level not seen since the early 1990s

[PDF]Are Recent College Graduates Finding Good Jobs? - Federal Reserve ...
https://www.newyorkfed.org/medialibrary/media/research/current_issues/ci20-1.pdf
by FG Jobs - ‎Cited by 203 - ‎Related articlespercentage who are unemployed or “underemployed”—working in a job that ..... non-college jobs has fallen sharply, while the share working in low-wage jobs ...


The recovery is generating more high-wage jobs — but does that ...
https://www.washingtonpost.com/.../the-recovery-is-generating-more-high-wage-jobs-...
Feb 24, 2016 - ... in low-wage sectors from 2009-2013 led to competition for people in ... it's rather the weak or non-existent wage growth in non-college jobs," ...

[PDF]UNDEREMPLOYMENT IN THE EARLY CAREERS OF COLLEGE ...
www.nber.org/chapters/c13697.pdf
by JR Abel - ‎2017 - ‎Cited by 27 - ‎Related articlesfairly well paid non-college jobs requiring some degree of knowledge and ... only a small fraction of recent graduates worked in a low-skilled service job following ...... Source: U.S. Census Bureau, American Community Survey, 2009-2013; The ...

2 Must-Dos to Ensure Career Advancement | Balanced Achievement
https://balancedachievement.com › Areas of Life
May 2, 2016 - It is estimated that 45% of recent college graduates (2009-2013), the very ... about leading corporate America, work in “non-college jobs.

What Teachers are Worth | educationrealist
https://educationrealist.wordpress.com/2018/04/30/what-teachers-are-worth/
Apr 30, 2018 - From 2009-2013, 45% of college graduates worked in non-college jobs, at the same time ed school enrollment plummeted. Notice that those ...

[PDF]The Weak Economy Is Idling Too Many Young Graduates - Eric
https://files.eric.ed.gov/fulltext/ED575463.pdf
by H Shierholz - ‎2014 - ‎Cited by 4 - ‎Related articlesMay 1, 2014 - in the share of employed young college graduates working in jobs that do not require ..... classes of 2009–2013) in an extremely difficult job market. .... Furthermore, the “non-college” jobs that workers with a college degree are.

(PDF) The changing graduate labour market:... - ResearchGate
https://www.researchgate.net/.../305637526_The_changing_graduate_labour_market_an...This paper examines changing differentiation in the recent. © 2016 The ..... college-educated workers innon-college jobs declined during the 1980s and early. 1990s ...... Society: waves 1-4, 2009-2013[computer file], 6th edn. UK Data Archive ...