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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStudy: Nearly half overqualified for jobs
By USA Today
Published: Sunday, January 27, 2013, 9:34 p.m.
Updated 4 hours ago
Nearly half of working Americans with college degrees are in jobs for which theyre overqualified, a study out on Monday suggests.
And the study, released by the nonprofit Center for College Affordability and Productivity, argues that the trend is likely to continue for newly minted college graduates in the next decade ...
Vedder, whose study is based on 2010 Labor Department data, says the problem is the stock of college graduates in the workforce (41.7 million) in 2010 was larger than the number of jobs requiring a college degree (28.6 million).
That, he says, helps explain why 15 percent of taxi drivers in 2010 had bachelors degrees versus 1 percent in 1970. Among retail sales clerks, 25 percent had a bachelors degree in 2010. Less than 5 percent did in 1970 ...
http://triblive.com/usworld/nation/3374330-74/percent-degree-college
Warpy
(111,169 posts)or wait those tables. The same thing happened to the high school diploma in the last Depression. Before then, a solid 8th grade education was adequate for most jobs and a high school education prepared you to teach primary school.
Degree creep has already happened in some parts of the country. I remember one particularly circumlocutive "help wanted" ad in the Boston Globe in the early 90s. Careful deconstruction of the verbiage showed that what they were looking for was a stock boy! With a 4 year degree!
Insane!
But expect it to happen, kids.
Kalidurga
(14,177 posts)and that was before getting a degree. I will be attending a 4 year university in the fall, because there literally are no jobs available if you have only a 2 year degree. I will still look for a job with my 2 year degree, but I very likely will still be doing some sort of cashier position, maybe at the bank down the street though instead of at a retail store.
davidn3600
(6,342 posts)Sherman A1
(38,958 posts)I work with many folks, degrees or not who are exceptionally overqualified for the jobs they are doing.
quaker bill
(8,224 posts)because having more training and more degrees will cure the economy. Guess what, it won't. Flooding the economy with degrees and training, something we have apparently already done, has not helped create the jobs that might use all this training.
We are working the wrong end of the equation here.
quadrature
(2,049 posts)suppose you plan to bag groceries for a career.
you could start at 18, out
of HS.
or you go to college, and start at age 22.
the non-college person will always have more
experience.