Degree in hand, jobs out of reach: Why recent grads are struggling in a competitive market — from cnn.com by Nayeli Jaramillo-Plata; via Ryan Craig
Bellebuono’s story isn’t unique. A recent study from the Federal Reserve Bank of New York reported the widest unemployment gap between new graduates and experienced degree holders since the 1990s.
The struggle to find work
The unemployment gap is partly due to the increase in competition and changing employer expectations, said David Deming, professor of public policy at the Harvard Kennedy School.
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Skill requirements for entry-level roles are higher today than a decade ago, he said. But the change has been gradual from year to year.