College grads facing better employment prospects
Even if you're only just starting your accounting classes or business degree, it's never too soon to start thinking about your prospects after graduation. Despite the negativity that's become all-too-common in the mainstream media, things are looking up for new college graduates, reports ABC News.
The news source reports that, according to data from The Associated Press, the unemployment rate among graduates age 24 and younger keeps falling. Between January and April of this year, the unemployment rate for this demographic was around 7.2 percent. Although this is still a little higher than most students would like, it's much better than the 9.1 percent reported in January 2011.
According to a recent study conducted by Georgetown University's Center on Education and the Workforce, college grads are leading the way when it comes to beating the employment odds.
"It is a tough job market for college graduates but far worse for those without a college education," said Anthony P. Carnevale, lead author of the report. "At a time when more and more people are debating the value of postsecondary education, this data shows that your chances of being unemployed increase dramatically without a college degree."
