I think the concern with college grads is with your chosen college degree, probably 80% is not using anything at all or related to what they studied.
This means to me, that 80% of grad should have simply not gone to college since that money was a total waste.
I think that’s the scary or depressing statistic.
Maybe too many people have useless majors or people simply aren’t hiring, but with automation, outsourcing, building r&d internationally, I think there are just less jobs overall and many larger companies are cutting back (QCOM, old tech, banks cutting a lot)…
As great as all the tech companies are, I’ve heard/read that they hire a relatively few number of people for however much profits/revenue they generate.
This leads to much larger unemployment among young people leading to mo problems.