Today’s young people have endured crisis after crisis—social media upheaval, a pandemic, and political turmoil. And for many eager to finally start their careers, they’re facing yet another uphill battle: entering one of the toughest job markets in a decade.
Job postings are down, and unemployment among recent graduates has climbed to 9.3%, according to the Federal Reserve—its highest level outside of the pandemic since 2014.
But one lawmaker says this may only be the beginning.
Unemployment for recent college graduates could surge to as high as 25% in the next two to three years, warned U.S. Senator Mark Warner (D-Va.) in an interview with Bloomberg, and it could cause a “level of social disruption that’s unprecedented.”
“If we eliminate that front end of the pipeline, how are people ever going to get to that mid-career spot?” Warner added to CNBC.
physics and CS majors are around 6-7% unemployment which is pretty high. plus any psych, lib arts or studies bachelors,(this one is people should know that a grad degree is required to study/pratice int eh field). bio is a little convoluted, 2 camps , Research/lab and health, health is the reason why it has a somewhat lower unemployment. research and lab is probably closer to 5-6% , i am curious if they only get these statistics if they apply for unemployment.