This article looks at the phenomenon of mal-employment among college graduates in the United States, beginning with an overview of labor-market trends and the effects of the Great Recession on the job-market experiences of young people, including recent college graduates. It then defines "mal-employment" and examines its incidence over…

Since the onset of the Great Recession, the U.S. labor market has been reeling. Public concern has largely focused on the unemployment rate, which rose to double digits and has since been stalled at just over 9 percent. This rate is unacceptably high, and macroeconomic policy efforts have been unsuccessful in bringing it down. The overall…

In this paper, the authors first discuss the Neumark and Troske piece, and then compare the U.S. context to that in Europe and Korea, as described by the Caspar, Hartwig, and Moench and the Cho and Shin contributions. Although they are in basic agreement with Neumark and Troske on the extent and depth of the current employment situation, they…

Comparing the papers on the Korean and the U.S. situations leads to interesting conclusions. Cho and Shin argue that the recent crisis did not create huge problems in the labor market because Korea was firstly in a fundamentally sound economic situation and secondly took adequate anti-crisis measures, in particular by stabilizing internal demand.…

Since U.S. economic growth began to slow in 2006, both the Bush and Obama Administrations have enacted a number of fairly costly programs designed to stimulate the economy and employment growth. Because many of these programs are fairly new, there has been little comprehensive examination of their impacts, but initial analysis suggests that these…

From the housing crisis to high debt, from stagnating incomes to high unemployment, the Great Recession has touched most aspects of many people's lives. College graduates, a highly educated group often insulated from the worst of economic challenges, have not been spared. Their unemployment rate reached 9.1 percent in 2010--the highest annual rate…

The Georgetown Center on Education and the Workforce has engaged in a highly publicized campaign claiming that the nation will face a very substantial deficit of college graduates by 2018 if the American postsecondary system fails to rapidly expand the number of college degrees it awards each year. Indeed, the employment projections developed by…

Over the years, American students consistently have ranked below those from Finland, Canada, Japan, and at least a dozen other industrialized nations on international tests of mathematics, science, and reading. The No Child Left Behind Act (NCLB) has done nothing to close this gap. And the authors suspect that the law may be making matters worse.…

In this article, the author points out that the cultural bias against serious study of science and technology is rarely recognized as a reason for American students' poor performance. Students respond more profoundly to cultural imperatives than to market forces. In the United States, students are insulated from the commercial market's demand for…

This article describes four factors that greatly affect the United States' labor market over the coming years. These are: (1) impending baby boomer retirements; (2) ongoing shifts in the country's demographic composition; (3) the greatly increased payoff on postsecondary education; and (4) the direct correlation between technological advances and…

Essays focusing on issues concerning youth education and unemployment problems are presented in this document. It is divided into three general areas. The first, Youth Unemployment in Western Industrial Countries, reviews general dimensions of the problem, the cyclical hypothesis, the demand hypothesis, the supply hypothesis, disaggregating…

Examines the advantages and disadvantages of partial retirement--the transitional period between full-time employment and complete retirement--including easing the transition, labor market effects, and financial implications for social security systems and employers. Reviews partial retirement policies in eight countries and concludes that there…

Competing explanations for youth unemployment (demography, minimum wages, education and training, economic conditions) have profoundly different implications for policy. The history of youth unemployment in Australia and the United States is explored and the causes of the problem as well as some solutions are evaluated. (LC)

This paper describes the Puerto Rican movement to the mainland United States as a contract labor group before, during, and after World War II. The communities which developed from this early movement provided the nucleus from which the present Puerto Rican communities arose on the mainland U.S. (Author/EB)

United States economic courses of action--and inaction--are increasingly being based on the employment and unemployment figures put out monthly by the Bureau of Labor Statistics (BLS). Yet, the basic statistical concepts that are still used were fashioned during the Great Depression and do not take into account the very different conditions we…