New graduates are struggling to find work despite recent data indicating a steady job market.
For those graduating college it is the most difficult time in a decade to get that first foot on the career ladder, according to the latest figures.
Young Americans are complaining that employers want years of experience even for entry level positions.
Others are saying that they are having to apply for over 60 jobs before finally landing a tentative position.
Overall national unemployment remains reasonably low at 4 percent, but this rises to 6.6 percent for new college graduates, Labor Department numbers show.
The figures show a rise from the 6 percent unemployment rate for recent graduates the same time a year ago.
It is part of a wider trend that has seen entry-level hiring fall by a staggering 17 percent since April 2019, according to data from LinkedIn.
The bad news for new graduates comes despite a stronger-than-expected jobs report earlier this month which indicated that the labor market was holding steady amid the economic turbulence caused by President Donald Trump’s tariffs.
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Author: Ray Hilbrich
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