News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Metro RTA

NOCHE

Hospice of the Western Reserve


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Education


Recession college graduates still struggling to find good jobs
Recession's effects may plague graduates' earnings for years to come, study shows
Story by AMY HANSEN


 
Recession-era college graduates are still struggling to find full-time jobs.
Courtesy of Texas A&M University-Commerce
Download (WKSU Only)
In The Region:

College graduates who earned their diplomas in 2008 began their careers in the worst economic downturn in nearly a century.

A report out this week from the U.S. Department of Education gives a picture of how those graduates fared over the next four years. StateImpact Ohio's Amy Hansen has more.
 

LISTEN: Hansen on graduates

Other options:
Windows Media / MP3 Download (1:05)


Of the roughly 17,000 graduates surveyed who did not head back to school to ride out the recession, 83 percent reported landing some type of employment four years after their graduation.

85 percent of those worked a single full-time job, with the rest working one or more jobs part time.

Michael Jones, the Director of Research at The University of Cincinnati’s Economic Center, says he is not encouraged by the report’s findings.

He points out the unemployment rate is 7 percent among those 2008 grads, roughly 3 percent higher than the overall unemployment rate for adults between the ages of 25 and 34 with a college degree.

That is troubling, he says, since additional research already predicts that this group may struggle far beyond their graduation day.

“Those who graduate in a recession typically have earnings about 9 percent less than they otherwise would have, and that effect continues to persist of lower earnings all the way up to about ten years later,” Jones says.

Jones adds the real benchmark will be seeing if that income gap closes in the next few years.
Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook



Stories with Recent Comments

What the U.S. Supreme Court ruling means for early voting
r.gov trying to slow down voters to stop the people from voting out the r. govener

Cleveland Orchestra heads home from Europe
So proud to be a lifetime Clevelander! Yes, our Orchestra is the best ambassador a city could hope for! My wife and I happened to hear the European Festival T...

Northeast Ohio undocumented immigrants praying for a miracle
Stop it, just stop it. They are not undocumented but illegal aliens. I live in a 'sanctuary' city and it's not pretty. Dahlberg is a notorious trouble maker in ...

Ohio survey shows low-income people are choosing phones over food
Where is this study published? no sign of it on google scholar. is there a cite

The Akron Sound rocks the porches
fabulous group interview! you covered so much in so little time. wish i could be there for porch rockr.

Head of Ohio Dems says Kasich administration is lying about Suarez contacts
when Kasich's mouth is open , he's lying. Look what he did at Lehmans brothers and then lied about it all during the campaign. If a GOP didn't lie, he or she ...

Canton's Basilica of St. John absorbs news of the pope at morning Mass
Hello Chris,Marina,and Patrice, I just read this article and you all look great. I'm on facebook Jean Dutcher in blue and white stripped blouse. I"M so glad to ...

Exploradio: Avoiding the 'acting-white' trap
Growing-up black and being black should not determine that you will not speak well or will not be a high achiever in your goals in life.But society te nds to la...

Charter-school supporters to rally at Statehouse
I am on the bus now headed to the rally. Horizon is an excellent school. My son is is 7 th grade. The teachers and administrators are top notch and spend so m...

Former Nursing Home Land Added to Parks
In addition, LED technology also plays a very important role in advertising- LED placard is very, very useful for shop owners.

Copyright © 2014 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University