Thursday, March 22, 2012

College grads

I was watching a news show and they announced that 3 million graduated from college last year. This figure startled me so I checked it out and was unable to verify that but did see on several sites that 19.7 million are enrolled in college so I assume that the three million figure is reasonable. That represents 250,000 new people looking for work every month. During 2011 the economy added about half that many each month and the unemployment rate went down from 9 to 8.5. Either these new grads are not looking for work or they are not counted as looking for work or who knows, in this day and age maybe they don’t want to work

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