Fewer than a fifth of graduating seniors even have offers, research finds...
Matt Dumont has been looking for work since May.
“I’ve had a couple times that I was told that I was one of the top applicants, went in for an interview, and then I just never heard back from them,” said Dumont, who graduated last spring from Abilene Christian University in Texas with a degree in English...
Labor statistics for July showed that 15.3 percent of Americans ages 20 to 24 were unemployed, ... compared to the overall jobless rate of 9.4 percent.
More than half of graduates in the class of 2007 had job offers in hand when they finished school, the association said. That figure dropped to one-quarter of 2008 graduates — after the recession began in December 2007 — and for the class of 2009, it was fewer than one-fifth.
Volunteering and public service programs are turning out to be popular options
, and they’re reporting a significant spike in applications from graduates.
At Teach for America, ... For the first time in its 20-year history, it said, the program had to reject prospects who met all of its rigorous criteria.
Final data aren’t yet available, but the Council of Graduate Schools reported that applications for graduate schools were noticeably up this year
, by as much as 20 percent at some institutions.
Kaplan Inc., which helps students study for graduate school admissions exams, found that 40 percent of students who took the Law School Admissions Test in February said the recession was a factor in their decisions to apply to law school.