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Unemployment Swells
What Are College Students Doing?
Article by: David Levitan
The new school year is underway and many students have had a satisfying summer filled with transitions, with 2009 high school graduates entering college for the first time alongside college graduates ready for the real world. But both share a common problem: Unemployment has hit a 9.5% swell nationally, making it a tougher world to make a living in.
With the closing and cutting of many jobs in the market, the unemployment rate for college graduates is at 4.7 percent, according to USA Today. And with the increasing unemployment rate looming over their heads, many graduates, like character Ryden Malby (played by Alexis Bledel) in the movie Post Grad, have opted to move back home and job hunt while in the safety of their homes with family, while others chosen to take on multiple part time jobs and maintain independence.
It’s not just the college graduates that are feeling the heat in their pockets and the market, but also the incoming and current students. The current economic climate has made it even more difficult to qualify for student loans or even federal financial aid, leaving many full-time students with the burden of multiple part-time jobs. One Florida International University student who chose to remain anonymous holds three jobs: as a bartender at Hard Rock Live, an FIU bookstore employee and as a server at Outback Steakhouse.
Graduate schools have seen an increase in applications and enrollment due to the recent economy and unemployment rate.
Others are taking up jobs wherever they can to support the costs of bills and activities. Many are even lowering their standards on job options and putting aside the notion of landing that dream job right out of college just to be able to work their way up to it later on.
Graduate schools have seen an increase in applications and enrollment due to the recent economy and unemployment rate. The rate of graduate school enrollment at the close of 2008 had increased three percent nationally. According to U.S. News & World Report, master’s degree holders earn an average of $52,000 a year; the average bachelor’s earns $42,000. One current graduate of the University of Central Florida chose to enroll to enhance his chances of landing a solid job with a graduate degree, as well as open his options to a wider range of opportunities.
Looking for a job?
Check out these websites, aimed at students and young adults!
www.SnagAJob.com
www.CoolWorks.com
www.MyFirstPaycheck.com
www.FlipDog.com
www.SimplyHired.com
Many seem to want to hold their options open in this current situation. With the fall semester just underway, students have noticed, even around campuses, instructors offering their help to those who truly want it – lending guidance on how to go about finding a job after college.
Finding a key to sustaining a footing in the future seems more pertinent now a day than ever for students, even if it means taking a step back to move forward. And hey, a little hard work never hurt anyone.
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