Study: 54 Percent of Recent Young Grads Jobless or Underemployed


A new analysis by the Associated Press indicates that 1 in 2 new college graduates are jobless or underemployed and the numbers are a bit worse in the Mountain West - 3 in 5 young graduates are struggling to find work. The Mountain West region was followed by the rural Southeastern U.S. and the Pacific region as having higher jobless rates among recent grads. On the other end of the scale, the Southern U.S., anchored by Texas, was more likely to have young college graduates in higher-skill jobs.

The AP found that while there was still strong demand in science, education and health fields, "arts and humanities flounder."

The study indicated that taking underemployment into consideration, job prospects for bachelor's degree holders fell last year to the lowest level in more than a decade. The survey said about 1.5 million, or 53.6 percent, of bachelor's degree holders under the age of 25 in 2011 were jobless or underemployed.

College graduates who majored in zoology, anthropology, philosophy, art history or humanities were among the least likely to find jobs appropriate to their education level. Those with nursing, teaching, accounting or computer science degrees were the most likely.