Monday, May 23, 2011

“The Boomerang Generation”
Obama’s Campaign Rhetoric Is Up In The Clouds
But His Policies Have Many College Grads Finding
Themselves Back In The Basement

“Some Are Calling The Newest College Graduates The ‘Boomerang Generation,’ As A Recent Poll By Consulting Firm Twentysomething, Inc. Found As Many As 85 Percent Of New Graduates Are Coming Home.” (Daniel Novick, “Poll: 85 Percent Of College Grads Returning Home,” KDAF-33 (Kansas City, MO), 5/18/11)
OBAMA’S FAILURE TO DELIVER ON JOBS IS FORCING
A GENERATION OF COLLEGE GRADS BACK HOME
“Even For College Graduates — The People Who Were Most Protected From The Slings And Arrows Of Recession — The Outlook Is Rather Bleak.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)


For College Graduates, Jobs Are Becoming Scarcer And Salaries Are Falling Lower. “Employment rates for new college graduates have fallen sharply in the last two years, as have starting salaries for those who can find work. What’s more, only half of the jobs landed by these new graduates even require a college degree, reviving debates about whether higher education is ‘worth it’ after all.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
Employment Rates For The Class Of 2010 Has Fallen To 56 Percent From 90 Percent For The Class Of 2006-07. “Of course, these are the lucky ones — the graduates who found a job. Among the members of the class of 2010, just 56 percent had held at least one job by this spring, when the survey was conducted. That compares with 90 percent of graduates from the classes of 2006 and 2007.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
Starting Salaries For Recent Graduate Have Declined 10 Percent Compared To Just A Few Years Ago. “The median starting salary for students graduating from four-year colleges in 2009 and 2010 was $27,000, down from $30,000 for those who entered the work force in 2006 to 2008, according to a study released on Wednesday by the John J. Heldrich Center for Workforce Development at Rutgers University. That is a decline of 10 percent, even before taking inflation into account.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
In 2010, The Unemployment Rate For Young College Graduates Was At An All-Time High. “Last year, the unemployment rate for college graduates age 24 and younger rose to 9.4%, the highest since the Labor Department began keeping records in 1985.” (Chris Isidore, “The Great Recession’s Lost Generation,” CNN Money, 5/17/11)
  • “Many Others Are Underemployed, Or Working Part-Time Or Temporary Jobs And Internships.” (Chris Isidore, “The Great Recession’s Lost Generation,” CNN Money, 5/17/11)
OBAMA’S FAILURE TO DELIVER ON JOBS IS FORCING
A GENERATION OF COLLEGE GRADS BACK HOME
“Even For College Graduates — The People Who Were Most Protected From The Slings And Arrows Of Recession — The Outlook Is Rather Bleak.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
For College Graduates, Jobs Are Becoming Scarcer And Salaries Are Falling Lower. “Employment rates for new college graduates have fallen sharply in the last two years, as have starting salaries for those who can find work. What’s more, only half of the jobs landed by these new graduates even require a college degree, reviving debates about whether higher education is ‘worth it’ after all.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
Employment Rates For The Class Of 2010 Has Fallen To 56 Percent From 90 Percent For The Class Of 2006-07. “Of course, these are the lucky ones — the graduates who found a job. Among the members of the class of 2010, just 56 percent had held at least one job by this spring, when the survey was conducted. That compares with 90 percent of graduates from the classes of 2006 and 2007.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
Starting Salaries For Recent Graduate Have Declined 10 Percent Compared To Just A Few Years Ago. “The median starting salary for students graduating from four-year colleges in 2009 and 2010 was $27,000, down from $30,000 for those who entered the work force in 2006 to 2008, according to a study released on Wednesday by the John J. Heldrich Center for Workforce Development at Rutgers University. That is a decline of 10 percent, even before taking inflation into account.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
In 2010, The Unemployment Rate For Young College Graduates Was At An All-Time High. “Last year, the unemployment rate for college graduates age 24 and younger rose to 9.4%, the highest since the Labor Department began keeping records in 1985.” (Chris Isidore, “The Great Recession’s Lost Generation,” CNN Money, 5/17/11)
  • “Many Others Are Underemployed, Or Working Part-Time Or Temporary Jobs And Internships.” (Chris Isidore, “The Great Recession’s Lost Generation,” CNN Money, 5/17/11)
“The Boomerang Generation”

Obama’s Campaign Rhetoric Is Up In The Clouds
But His Policies Have Many College Grads Finding
Themselves Back In The Basement


“Some Are Calling The Newest College Graduates The ‘Boomerang Generation,’ As A Recent Poll By Consulting Firm Twentysomething, Inc. Found As Many As 85 Percent Of New Graduates Are Coming Home.” (Daniel Novick, “Poll: 85 Percent Of College Grads Returning Home,” KDAF-33 (Kansas City, MO), 5/18/11)
OBAMA’S FAILURE TO DELIVER ON JOBS IS FORCING
A GENERATION OF COLLEGE GRADS BACK HOME
“Even For College Graduates — The People Who Were Most Protected From The Slings And Arrows Of Recession — The Outlook Is Rather Bleak.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
For College Graduates, Jobs Are Becoming Scarcer And Salaries Are Falling Lower. “Employment rates for new college graduates have fallen sharply in the last two years, as have starting salaries for those who can find work. What’s more, only half of the jobs landed by these new graduates even require a college degree, reviving debates about whether higher education is ‘worth it’ after all.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
Employment Rates For The Class Of 2010 Has Fallen To 56 Percent From 90 Percent For The Class Of 2006-07. “Of course, these are the lucky ones — the graduates who found a job. Among the members of the class of 2010, just 56 percent had held at least one job by this spring, when the survey was conducted. That compares with 90 percent of graduates from the classes of 2006 and 2007.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
Starting Salaries For Recent Graduate Have Declined 10 Percent Compared To Just A Few Years Ago. “The median starting salary for students graduating from four-year colleges in 2009 and 2010 was $27,000, down from $30,000 for those who entered the work force in 2006 to 2008, according to a study released on Wednesday by the John J. Heldrich Center for Workforce Development at Rutgers University. That is a decline of 10 percent, even before taking inflation into account.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
In 2010, The Unemployment Rate For Young College Graduates Was At An All-Time High. “Last year, the unemployment rate for college graduates age 24 and younger rose to 9.4%, the highest since the Labor Department began keeping records in 1985.” (Chris Isidore, “The Great Recession’s Lost Generation,” CNN Money, 5/17/11)
  • “Many Others Are Underemployed, Or Working Part-Time Or Temporary Jobs And Internships.” (Chris Isidore, “The Great Recession’s Lost Generation,” CNN Money, 5/17/11)
OBAMA’S FAILURE TO DELIVER ON JOBS IS FORCING
A GENERATION OF COLLEGE GRADS BACK HOME
“Even For College Graduates — The People Who Were Most Protected From The Slings And Arrows Of Recession — The Outlook Is Rather Bleak.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
For College Graduates, Jobs Are Becoming Scarcer And Salaries Are Falling Lower. “Employment rates for new college graduates have fallen sharply in the last two years, as have starting salaries for those who can find work. What’s more, only half of the jobs landed by these new graduates even require a college degree, reviving debates about whether higher education is ‘worth it’ after all.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
Employment Rates For The Class Of 2010 Has Fallen To 56 Percent From 90 Percent For The Class Of 2006-07. “Of course, these are the lucky ones — the graduates who found a job. Among the members of the class of 2010, just 56 percent had held at least one job by this spring, when the survey was conducted. That compares with 90 percent of graduates from the classes of 2006 and 2007.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
Starting Salaries For Recent Graduate Have Declined 10 Percent Compared To Just A Few Years Ago. “The median starting salary for students graduating from four-year colleges in 2009 and 2010 was $27,000, down from $30,000 for those who entered the work force in 2006 to 2008, according to a study released on Wednesday by the John J. Heldrich Center for Workforce Development at Rutgers University. That is a decline of 10 percent, even before taking inflation into account.” (Catherine Rampell, “Many With New College Degrees Find Job Market Humbling,” The New York Times, 5/19/11)
In 2010, The Unemployment Rate For Young College Graduates Was At An All-Time High. “Last year, the unemployment rate for college graduates age 24 and younger rose to 9.4%, the highest since the Labor Department began keeping records in 1985.” (Chris Isidore, “The Great Recession’s Lost Generation,” CNN Money, 5/17/11)
  • “Many Others Are Underemployed, Or Working Part-Time Or Temporary Jobs And Internships.” (Chris Isidore, “The Great Recession’s Lost Generation,” CNN Money, 5/17/11)
Source: Republican National Committee Research, www.gop.com