Until 2021 . . . graduating college increased your chances of getting a job

Beginning ~2021 recent college grads have had a HIGHER unemployment rate than workers in general.

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From the NY Fed:


…and they want others to pay for their education too. :sunglasses: :tumbler_glass:

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When we get one month, or one quarter, or one year of distubing data
I am usually quick to point out “This is disturbing, but it is too soon to call it trend,”

Ahem,
This is not a flicker.
This is a well-established trend.

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Data is in 1000s

https://www.bls.gov/emp/tables/civilian-labor-force-summary.htm

Old people who aren’t retiring are sitting on jobs. They are projected as a group to grow in number by 2033.

Always blaming somebody else.

Your Ronasteria has a lot to do with that. And property taxes.

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Shall I guess what age group you belong to?

Shall I guess for you?

They’re our jobs to “sit on” as long as we want. You didn’t build that.

Go barrista.

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The boomer mindset in a nutshell. All for us, none for you.

That’s right. Do we owe you something?

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No, and we don’t owe you anything either.

Who is whinging about “sitting on jobs”?

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Get a skill you bums. :rofl:

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Data doesn’t care about your feelings. I presented data.

I’m genuinely curious, what is your view of Gen Z?

Apples are best compared to similar-vintage apples.

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Nice chart . . but it compares

ALL college graduates to all people
Exactly the same as the chart the NY Fed provided . . . but you left out something the NY Fed thought was interesting.

You left out RECENT college graduates.

Still you chart successfully shows that if you got a college degree in the 70s or 80s or 90s etc. it was a good thing to do and way back then it led to a lower chance of being unemployed.

I wonder why that changed?

It’s people 20-24. There is no such thing as a “not recent” college grad in that cohort.

But if we want to ponder the broader implications of education…

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This is the chart the NY Fed provided
(thay are not spinning data tosupport the MAGA cause)

It contains the exact same data as your chart and, in fact,
IS THE SOURCE of your data . . . whihc you selectively presented.

.
.
.
The NY Times (also not exactly pro-MAGA spin doctors) saw fit, in 2024 to reveal the same multi-year trend.

image

https://www.nytimes.com/2024/09/05/business/economy/jobs-college-graduates-unemployment.html
.
.
.
Point: this is not MAGA spin.
This is a well-establised multiyear trend being identified and discussed by all all exceptthe extreme-ideologicalized left.
(I looked it up it realy is word, LOL)

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I didn’t spin anything. I compared the relevant age cohort to the relevant age cohort.