No jobs for college grads. According to the latest from the Economic Policy Institute, unemployment for young college graduates was 10.4% in 2010 and the underemployment rate was 19.8%. For young high school graduates, the statistics were even grimmer: unemployment was 32.7% in 2010, and the underemployment rate was 55.9%.
Unemployment and underemployment rates of young graduates have only modestly improved since their peak in 2010.
For young high school graduates, the unemployment rate was 31.1 percent over the last year (April 2011–March 2012), while the underemployment rate was 54.0 percent over the last year.
For young college graduates, the unemployment rate was 9.4 percent over the last year, while the underemployment rate was 19.1 percent over the last year.
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