13 Feb

NYTimes.com – Failure to Launch

Here’s the question: of college graduates with a bachelor’s degree who aren’t enrolled in further schooling, how many have full-time jobs?

In December 2007, on the eve of recession, the answer was 9083 percent.

By December 2009, it was down to 72 percent.

As of December 2010, it had recovered only slightly, to 74 percent.

To me, that’s a tale of young lives blighted, not just in the short run but perhaps permanently: failing to get a job when you get out of school colors your whole career. And it’s still happening.

via NYTimes.com – Failure to Launch. Ouch.