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Greenstone,, Michael; Looney, Adam – Hamilton Project, 2012
The unemployment rate dropped to 7.8 percent in September, falling below 8 percent for the first time since January 2009. Furthermore, the share of working-age Americans who are employed increased to 58.7 percent, the highest level since May 2010. Employers added 114,000 jobs last month, and an average of more than 145,000 over the past three…
Descriptors: College Graduates, Employment Level, College Attendance, Economic Climate
Greenstone, Michael; Looney, Adam – Hamilton Project, 2011
As the college class of 2011 graduates in the aftermath of the Great Recession, some graduates are struggling to find a good job--or any job at all. As a result, many are questioning whether the time and expense of college was worth it. The authors try to answer this question by comparing the economic benefits of a college degree to its costs, as…
Descriptors: College Graduates, Economic Impact, Labor Market, Salary Wage Differentials
Greenstone, Michael; Looney, Adam – Hamilton Project, 2011
The May employment numbers broke from the positive news of the last few months and revealed weakness in the job market. Not surprisingly to most Americans, these numbers indicate the job market remains tough--particularly for the nation's young adults. College seniors graduating this spring will enter a job market vastly different than the one…
Descriptors: College Graduates, Employment Level, Educational Attainment, Economic Climate