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ERIC Number: ED598237
Record Type: Non-Journal
Publication Date: 2019-May-14
Pages: 23
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Class of 2019: College Edition
Gould, Elise; Mokhiber, Zane; Wolfe, Julia
Economic Policy Institute
Fallout from the Great Recession did a lot of damage to the employment prospects of young adults just entering the workforce after graduating from high school or college--and that damage persisted well into the recovery. In this study, the authors analyze data on recent young college graduates (ages 21-24) to learn about the Class of 2019's economic prospects as they start their careers. This report focuses exclusively on those graduating from college. It begins by providing a demographic snapshot of this population of young college graduates. In the second section, the authors discuss what shares of these young graduates are now enrolled in further schooling, employed, both, or neither. Third, they narrow the focus to only those graduates who are not enrolled in further schooling to find out how they are faring in the labor market--specifically, looking at their unemployment and underemployment rates. The authors also draw on literature that highlights the likelihood that many young college graduates will end up working at jobs that do not require a college degree. In the fourth section, the authors analyze the wages of those who are employed (and not enrolled in further schooling), making comparisons with earlier periods as well as looking at important differences by gender and race/ethnicity.
Economic Policy Institute. 1333 H Street NW Suite 300 East Tower, Washington, DC 20005. Tel: 202-775-8810; Fax: 202-775-0819; e-mail: publications@epi.org. Web site: http://www.epi.org
Publication Type: Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Economic Policy Institute
Grant or Contract Numbers: N/A