I hope my Salary is equal to my College Debt
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I hope my Salary is equal to my College Debt
Am I alone in thinking that a college degree doesn't make you any more successful than someone who decided to go straight into the job force?
she can do it! Doesn't my sister make a great lesbian? She joined the Seattle Women's Chorus and they did a show about Rosie the Riveter and all the other kick-ass women who joined the work force during World War II.
Overall the economy added 157,000 jobs in January while unemployment ticked up slightly to 7.9%. Unfortunately, young workers missed out on the job growth. The unemployment rate for millennials ages 18 to 29 rose from 11.5% in December to 13.1% January. These numbers are not seasonally adjusted, meaning they can shift a lot from month to month, but the overall trend is bleak for youth jobs.
Younger workers had a particularly tough time last month. Those ages 16 to 24 saw a jump from 16.3% to 16.8% – well over twice the national average. Younger African-Americans jobless rate held steady at a shocking 28% well over three times the national rate. In short, millenials started 2013 on the wrong foot.
Is it hopeless?
There are some things our generation can do to avoid the bleak trends. First, there’s no question that education is more important than ever to economic success. Things may be tougher for college graduates during a recession,but they’re far worsefor those with only a high school diploma.
Also, work experience matters. Whether it’s an internship at a local company or a summer gig as a barista,studies showthat early jobs lead to better career prospects. Make the effort to work a few hours a week in school to build experience and connections to the workforce.
Are Young Professionals today in "the red?" Should we be more concerned about the types of opportunities available to us? Are these statistics valid for the Young Professionals population in North Texas?
Let us know!
Source: PolicyMic