Shockingly, only about 20% of new college grads are getting the jobs they want, where they want them, and the BLS predicts that will not change much in the future. Millions of jobs will be created going forward, but many will not require college degrees.
Here’s an interesting excerpt from the Washington Post that may shed some light on that development. . .
“If you’re a parent of a high-school senior or prospective college student, these findings might make you wonder if there is any hope for a good job after college graduation. There is, but whether a student launches after college depends largely on what they do while in school. Just getting the sheepskin no longer guarantees a good job.
Employers say that students who dedicate time and effort to their major or an outside-the-classroom activity, secure multiple internships during their four years, and take on leadership roles are more likely to possess the skills needed for the workforce than students who drift through college. The best skill that students can learn in college is actually the ability to learn.
There is too much emphasis these days on picking a practical field of study, which is why business is the most popular undergraduate major. But employers need people who are broadly educated and have practical skills. Too many colleges are failing to provide that guidance and those opportunities to students while saddling them with debt they won’t be able pay off in the unemployment line.
One of the country’s most-sought-after employers, Google, has found that it is increasingly hiring people without college degrees because the signal of the credential is no longer as clear as it used to be that someone is job ready.
If colleges don’t provide the mix of academic and practical experiences that students need and students fail to take advantage of them, pretty soon we’ll see other employers looking for alternatives to the college degree as well.”