Today’s young adults are experiencing a job market that is vastly different than the one that existed when they first started college. The Hamilton Project focused on the so-called “Class of the Great Recession” — young adults age 23-24 to explore whether they are better off in terms of both their employment prospects and earning potential than their peers who did not attend college. Analysis shows that young workers with a college degree are in much better shape than their peers who did not pursue post-secondary studies. In fact, 88 percent of college graduates aged 23-24 were employed in 2010. Additionally, those with a degree are earning more money, with average weekly earnings of those with a college degree at $581, almost double the earnings of those with only a high school diploma, at $305.
How Do Recent College Grads Really Stack Up? Employment and Earnings for Graduates of the Great Recession
- If we add 200,000 jobs a month, will recovery take 7 years or 12 years?January 2012
- Hamilton Project Immigration Forum MaterialsMay 2012
- What is Happening to America’s Less-Skilled Workers? The Importance of Education and Training in Today’s EconomyDecember 2011
- Where is the Best Place to Invest $102,000 — In Stocks, Bonds, or a College Degree?June 2011
- ECB is right to ask for more eurozone actionAugust 2012