Is there really a Millennial underemployment crisis?

[wvit1001]

 Yes, but only among liberal-arts majors.


“The popular image of the college-educated barista … is not an accurate portrayal of the typical underemployed recent college graduate,” they write. Instead, they find that more young college graduates are now finding good jobs in their twenties. Finally, youth underemployment, like youth unemployment, is in decline.

This happy news comes with an important asterisk. A large chasm has opened between the fates of young liberal-arts majors and their peers in STEM (science, tech, engineering, and math) fields. The former are struggling to find work that pays, at least before their late twenties. The latter are mostly finding lucrative work after they graduate.

Indeed, the gap between humanities and STEM students is striking. Underemployment afflicts more than 50 percent of majors in the performing arts, anthropology, art history, history, communications, political science, sociology, philosophy, psychology, and international affairs.

But the undergraduate majors that promise the best shot at a high-paying job all have one word in common: engineering. Civil-, mechanical-, aerospace-, and industrial-engineering majors all have extremely low underemployment percentage and they are the least likely of all majors to land their degree-holders in a low-paying, low-skilled service sector job. “Our work does suggest that certain skills have a higher demand relative to supply than others—such as those majors related to the STEM fields and healthcare,” the authors write.

http://www.theatlantic.com/business/archive/2016/09/fear-of-a-college-educated-barista/500792/

[D2D]

[D2D]

http://data.bls.gov/timeseries/LNS11300000

[wvit1001]

I didn't even hear Trump bring up this bit of stupid d2.  you seem hung up on it for some reason.

[chuck_curtis]

Many millennials are not college grads.

[caserio1]

be nice to millenials, they are paying for yer retirement

[chuck_curtis]

That's because you sure didn't pay for yours.  They have no reason to be nice to you.

[caserio1]

as long as yer paying for it

just pay and stfu

[chuck_curtis]

That's the story of my life, dude.

[caserio1]

doan complain jus keep paying

[chuck_curtis]

I don't have any choice, but to complain.

[D2D]

The fact remains those old enough to be retirees are continuing to work and are increasing in number while those 16-54 continue to drop out of the workforce!

That is an indicator of some very serious problems with the economy!