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For young college grads, employment levels still recovering as wages erode |
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From Economic Policy Institute: The labor market for young college graduates, those ages 25 to 35, is slowly improving, but remains weaker than before the last recession in 2001. These well-schooled individuals---possessing at least a bachelor's degree, and in some cases, an advanced degree---would be expected to fare better than those without college degrees because demand for their skills should insulate them from labor market fluctuations. However, while their employment levels are higher than those without college degrees, employment trends still indicate that young college graduates have not returned to the wage levels or employment rates just prior to the start of the 2001 recession. Read about it in this week's Economic Snapshot.
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