CBS News: College Graduates Tackle Dismal Job Market

[marmar]

College Graduates Tackle Dismal Job Market
CBS Evening News: Grads Learn To Be Flexible In Job Search; Government Still Hiring



(CBS) The nation's unemployment rate is soaring, inching closer to 10 percent with each passing month.

And that spells trouble for graduating college seniors, about to compete in the toughest job market in decades, reports CBS News correspondent Priya David.

Blake Taylor, a senior at Catholic University in Washington DC, expected to be an accountant when she graduates this May. But then her fortunes changed.

She had a job offer that was rescinded because the company says it's no longer hiring.

"It's hard; it's definitely hard," she said. "When they told me, I definitely felt like I had the air kicked out of me and now, I was just like, 'Ok, I'm at square one again.'"

The jobless rate among college graduates has more than doubled from a year ago to 4.3 percent. Almost 2 million college graduates are unemployed and a recent survey by the National Association of Colleges and Employers predicts companies will hire 22 percent fewer graduating seniors than they did last year. ..............(more)

The complete piece is at: http://www.cbsnews.com/stories/2009/04/18/eveningnews/main4954222.shtml

[polysciguy420]

1. That's why I'm going 2

grad school :thumbsup:

[marmar]

2. Good idea.....If I were in school right now, I'd just stay put.

..... It was always my dream to become a career student anyway, but nobody would pay me to do that. :)

And welcome to DU, BTW! :hi:

[polysciguy420]

3. lol I wish

I could find somebody 2 "pay" me 2. And then maybe I can get out of the bed with Uncle Sam.