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45% of new grads who actually find jobs, are taking "no degree needed" jobs

Posted on 4/12/16 at 10:52 am
Posted by Kujo
225-911-5736
Member since Dec 2015
6044 posts
Posted on 4/12/16 at 10:52 am
quote:

More recent college graduates in the U.S. are finding work, but in jobs that don't require college degrees, according to new data from the Federal Reserve Bank of New York.


quote:

The percentage of people who recently attained degrees, but were working in jobs that typically don't require them, rose to 44.9 percent on average in the 12 months through December


Bloomberg
This post was edited on 4/12/16 at 10:54 am
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
84356 posts
Posted on 4/12/16 at 10:53 am to
Wouldn't surprise me.
Posted by MSMHater
Houston
Member since Oct 2008
23156 posts
Posted on 4/12/16 at 10:54 am to
I believe it.

I regularly have college graduates applying for medical assistant and medical secretary positions. And it sucks for them b/c they are likely smarter than most of the qualified candidates, but...wait for it...

they don't have any experience.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
112611 posts
Posted on 4/12/16 at 10:56 am to
Thanks Obama for your shitty economy AND to the GOP Congress handing out HB1 visas like they are going out of style.
This post was edited on 4/12/16 at 10:57 am
Posted by TheDeathValley
Louisiana
Member since Sep 2010
20105 posts
Posted on 4/12/16 at 10:56 am to
quote:

they don't have any experience.



Then teach them...
Posted by Womski
Squire Creek
Member since Aug 2011
2762 posts
Posted on 4/12/16 at 10:56 am to
Sounds like the market doin' work, sons.

#Capitalism
Posted by Gaston
Dirty Coast
Member since Aug 2008
41694 posts
Posted on 4/12/16 at 10:58 am to
They should have gotten jobs in their field of study in college. Having only done jobs that require no college degree, restaurant workers, means that's all you have experience doing. While in college employers will give you a break on the degree requirement, and that's where you get your foot in the door. I was a pretty bad student, but I left college with almost 5 years of experience, helps that I went for 8.
Posted by More beer please
Member since Feb 2010
46259 posts
Posted on 4/12/16 at 10:58 am to
quote:

I regularly have college graduates applying for medical assistant and medical secretary positions. And it sucks for them b/c they are likely smarter than most of the qualified candidates, but...wait for it...

they don't have any experience.


Such a dumb qualification. How do you get experience then?
Posted by Phat Phil
Krispy Kreme
Member since May 2010
7558 posts
Posted on 4/12/16 at 10:59 am to
This is what happens when 85% go to college. It's like high school 2.0 except you pay money out the arse and be in debt.
Posted by cfa626
Member since Apr 2016
561 posts
Posted on 4/12/16 at 11:00 am to
quote:

don't have any experience.


I got turned down for so many jobs due to this.
Posted by Pectus
Internet
Member since Apr 2010
67302 posts
Posted on 4/12/16 at 11:00 am to
Shows you how many people shouldnt be going to college...
Posted by X123F45
Member since Apr 2015
29500 posts
Posted on 4/12/16 at 11:02 am to
shite, I'm trying to geta job as an operator with a degree and keep getting turned down.
Posted by NewIberiaHaircut
Lafayette
Member since May 2013
12319 posts
Posted on 4/12/16 at 11:06 am to
quote:

but...wait for it...

they don't have any experience.


I've always wondered how these meetings go. "Hey, let's make a job posting for this entry level position we have open."

"Ok, but to make sure we find the best entry level candidate I'm going to make sure they qualify by having experience from another entry level job."
Posted by itawambadog
America, F Yeah!
Member since Nov 2007
21266 posts
Posted on 4/12/16 at 11:08 am to
Well that was pretty much me out of college. Everything that required a degree also required around 3 to 5 years experience.
Posted by shiftworker
LP
Member since Dec 2011
5268 posts
Posted on 4/12/16 at 11:09 am to
What degree do you have?
Posted by thegreatboudini
Member since Oct 2008
7092 posts
Posted on 4/12/16 at 11:11 am to
My guess is 45% of new grads are acquiring useless degrees.
Posted by MSMHater
Houston
Member since Oct 2008
23156 posts
Posted on 4/12/16 at 11:11 am to
quote:

I've always wondered how these meetings go. "Hey, let's make a job posting for this entry level position we have open."

"Ok, but to make sure we find the best entry level candidate I'm going to make sure they qualify by having experience from another entry level job."


But that's not how this works. They are not "entry-level" positions. They are positions that require a skill set that is taught via certification or through experience.

The amount of time it would take me to teach a recent business grad about health insurance 101, EMR utilization, HIPAA, HITECH, etc... is not cost effective compared to hiring someone w/ previous experience in the field. They are applying for positions that have nothing to do with their degree. I have no doubt they are intellectually capable, but they will have to learn and will always be looking for something better that fits their degree. How does that make sense for me to hire them?

This is how any hiring manager from outside of your degreed field will be thinking.
This post was edited on 4/12/16 at 11:14 am
Posted by biglego
San Francisco
Member since Nov 2007
83148 posts
Posted on 4/12/16 at 11:11 am to
quote:

Thanks Obama for your shitty economy A

don't be so short sided. We've been told for 40 years now that free trade is perfect. The obvious side effect was loss of good blue collar jobs but no one ever cared to address that. So more people end up going to college and competing for the shrinking job openings.
quote:

GOP Congress handing out HB1 visas like they are going out of style

I think both sides are content to do nothing about this policy or about illegal immigration. The chamber of commerce folks want that cheap labor and don't care much about the impact on the country.
Posted by UGATiger26
Jacksonville, FL
Member since Dec 2009
9128 posts
Posted on 4/12/16 at 11:12 am to
quote:

"Ok, but to make sure we find the best entry level candidate I'm going to make sure they qualify by having experience from another entry level job."


It sounds f'd up, but the reality is that each company is going to look out for itself.

If you are a, say, small or mid-sized company and you only need to fill a couple of entry-level positions, you have the luxury of looking for the best people to fill that role. People are desperate for a job, and a company will probably be able to interview a few candidates who have experience even though it's an entry-level position. This could be because the applicant recently moved, got laid off from another company, etc. Alternatively, the move could be from a lesser known company to a more prestigious one, so even though the pay/responsibilities might be comparable, the applicant perceives the move as being upward.

As much as people are touting our economic recovery, our economy is still pretty bad right now.
This post was edited on 4/12/16 at 11:13 am
Posted by Bert Macklin FBI
Quantico
Member since May 2013
11777 posts
Posted on 4/12/16 at 11:12 am to
I work in the accounting field and most jobs I interviewed for listed as wanting a new college grad with 2 years experience. I was dumbfounded. Luckily I found a job in my field so that I can get enough experience to get an entry level position at a larger company.
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