Have degree - and pink slip: Record number of unemployed college grads

[Liberal_in_LA]

http://money.cnn.com/2008/12/05/news/economy/degreed_workers/index.htm

In its November jobs report, the Labor Department said that firms in the business and professional services category cut 136,000 jobs, the largest one-month drop on record. Additionally, financial services jobs fell by 32,000, another record decline.

Those job cuts are hitting college educated workers the hardest, according to Dr. Reena Aggarwal, a professor of finance at Georgetown University's McDonough School of Business.

"A lot of the job losses are the more higher paying jobs and it's just going to mean far fewer dollars flowing into the economy," she said.

[liberalhistorian]

1. No shit. Hubby just lost his professional job,

and I haven't been able to find a job since we moved out here in the back of beyond last year. And there aren't that many openings even statewide in his field right now, with a lot of competition. We're also in our mid-40's and mid-50's, which makes it even worse. My college degree has never been worth the paper it's printed on. Now I might not be able to make it home to see my son and my family for Christmas as we'd planned and hubby hasn't even met most of my family yet and we've been married for a year (we live too far away from them). For the first time ever, my son and I are being faced with the possibility of being apart during the holidays, while the CEO's muck it up off of OUR money. Merry Fucking Christmas!

[dkf]

2. And college is getting even more expensive.

It is crazy.

[silverojo]

3. File this in the "No shit, Sherlock" folder - n/t

[leftofthedial]

4. I've had part-time, temporary, catch-as-catch-can jobs, but not a "real"

job since January of 2002.

record numbers of unemployed *everybody*