With jobs scarce, many college graduates find themselves taking jobs that do not require a degree, and laid-off middle-income workers are taking lower-paying jobs in areas like retail sales. A kind of domino effect is beginning to squeeze out the least skilled or experienced workers — those already on the bottom of the ladder — who are settling for part-time employment and fewer hours if they can find work at all. Hardest hit of all are younger job-seekers, especially black males in their late teens or early 20s without more than a high school education.
— Working Poor and Young Hit Hard in Downturn [via]
i have never been a big news-reading person (except when it comes to health news) but i cannot stop wanting to read everything i can about the economy, and all it does is stress me out. I wish someone had tapped me on the shoulder when i started college and been like “hey, you know that anthropology degree you’re getting? you’re going to end up being an anthropology grad student while the u.s. economy explodes so maybe you should go back to nursing after all. at least then you can be confident about your ability to find gainful employment, even if its cleaning up all of the carnage it will wreak on our health care system. I mean, honestly, do you even have the stamina for a terminal degree, anyway?”