All Articles Tagged "college graduates unemployment"
According To The Experts, These Cities Offer New Grads Happiness and Good Pay
New college grads may feel as if the bright lights of New York or the cool more laidback environment of Los Angeles is calling, but for those of you who’ve followed that so-called calling, you know that it’s difficult to make it in these big cities. The competition is fierce and the cost of living is high, making it difficult for new grads to find their footing and land a good job.
AOL reports that a study by employment CareerBliss.com relays the 10 best cities for young recent grads to find work. The data was put together from 14,000 college grads with two or less years of experience. These cities offer happiness, a good work-life balance and growth opportunities. If you take advantage of the possibilities in these cities, you may find yourself based in New York or Los Angeles sooner than you know it. Or perhaps you’ll find these cities are just as good to call home.
St. Louis, Missouri lands the number one spot. With an adjusted living salary of $50,900, it’s not a bad start to your career. Next on the list is Salt Lake City, which offers an average cost of living adjusted salary of $43,010. At number three is Jacksonville Florida at $45,736. Further on down the list you’ll find
4. Memphis, Tennessee: $44, 757
5. Indianapolis, Indiana: $44,757
6. Orlando, Florida: $43,047
7. Houston, Texas: $47,615
8. San Antonio, Texas: $43,640
9. Oklahoma City, Oklahoma: $42,304
10. Birmingham, Alabama: $47,491
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Degree in Hand but Still Jobless
(The Root) — For years, Americans have been told that going to college was the best protection against unemployment. That hasn’t been the case for African Americans during the Great Recession, with a jobless rate nearly double that of their white counterparts. And experts say the gap could widen in the slow recovery. Black Americans have long suffered the highest unemployment rate of any ethnic group in the country, and this recession has only exacerbated a long-standing divergence.
The U.S. Bureau of Labor Statistics reported that the unemployment rate for black Americans in January was 15.7 percent, compared with 8 percent for whites. Although a recent report shows that the unemployment rate fell to a two-year low of 8.9 percent in February, the Economic Policy Institute — a nonpartisan economic think tank — projects that national unemployment for blacks will reach a 25-year high this year, with the rates in five states exceeding 20 percent.
Black college graduates have not been spared. At the end of 2010, black Americans, 25 years old and older, with a college education had an unemployment rate of 7.3 percent, while the rate for white college graduates was 4.2 percent, according to Bureau of Labor Statistics data. Other minority groups, such as Asian college graduates and Hispanics, hover a shade over 5.5 percent, while the rate for blacks was expected to continue climbing.
