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

Meaden & Moore

Knight Foundation


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

Will Ohio's marijuana initiative follow casinos' lead?
We just ask to have marijuana legalized and here comes some nimrod trying to rob us of our rights and make us buy it from some legalized new type DRUG DEALER th...

Fancy dinners from humble beginnings at The Blue Door
Grandma of Chris Miller moved to Florida in a retirement community but I sure miss the Falls and the Blue Door, and the fine service and the true friendship of ...

The Black Keys guitar tech's moment in the spotlight
Nice job, Vivian. It's always nice to hear about the unsung heroes getting their due! Thank you, Chuck Johnston (Full disclosure - I'm a friend of the Carney fa...

A guide for gift-shopping for older Ohians
I'll never be to old for peanut brittle.

Akron's Tuba Christmas: A resounding blast of holiday spirit
Nice piece, Vivian! Looking forward to hearing you move from flute to tuba on Saturday. Love hearing your interviews and this seemed extra special since I kno...

Cleveland Hugo Boss workers are fighting for their jobs again
Bro. Ginard; I support your effert to keep your jobs, I understand all about concesions, I was a Union offical from 1965 until 1991 and the company th...

Asian Carp control could benefit from bill passed by House, heading to the Senate
help me fight the battle against invasive carp by method of harvest

Ohio's Portman supports lifting limits on party political money
If Portman was legitimately concerned about outside groups influence on elections he would have supported the DISCLOSE act. Instead he helped block it being bro...

Study shows trade with China has cost more than 3 million U.S. jobs
I disagree with James Dorn! If we don't change the playing field and make it a fair competition the whole US industry will be weaker and weaker. Eventually all ...

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