Higher Education Increases Job Opportunities in a Tight Market
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High unemployment rate, low stock market, high health insurance costs, and longer life spans contribute to the difficulty faced by new college graduates trying to find jobs immediately after graduation.
The Sloan Center on Aging and Work at Boston College released a report in June 2009 indicating older employees are not retiring, which is making it hard for younger potential employees to find entry level jobs.
This is a reversal of Chad Fleetwood and Kristina Shelley's findings for the U.S. Bureau of Labor Statistics, released in 2000, predicting "a graduation gift from baby-boomers, a promising job market."
Articles in The Saratogian and Cleveland.com are just a couple examples of online and published news features sharing the struggle of recent college students looking for entry level jobs and wondering if the high cost of their education is worth it.
WorldwideLearn is just one authority stating future jobs are not only worth the cost of higher education but require it. Pointing to the statistics of employees changing jobs seven times during their career lifetime, WorldWideLearn writes companies are not interested in hiring unskilled and uneducated employees and training them as in the past. Now companies are looking for employees with a minimum of associate's degrees in trade schools and bachelor's degrees from colleges.
"The time spent to earn a college degree teaches discipline and responsibility that will serve college graduates well in the job market. A degree demonstrates to an employer the graduate’s longevity in terms of commitment," writes LovetoKnow, which cites the same U.S. Bureau of Labor Statistics report.
Graduates can improve their chances of finding a job after college by following some of these recommendations from WorldwideLearn and ITWorld:
- part-time jobs, particularly in the area of study, if possible
- internships, also in areas of career interests
- work-study programs
- active roles in school organizations
- participation in sports