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Latest Stats on Class of 2010 Show Slight Improvement in Job Market

According to the National Association of Colleges and Employers, only 24.4% of the class of 2010's college grads had jobs upon graduation. Those are not exactly stellar numbers nor a great return on a college education.  However, this is an uptick over last year's job numbers, when only 19.7% of the class of 2009 had jobs upon graduation from college.  Missing from these job statistics are any indication of the quality of the jobs being offered to recent college graduates. I have no data to back this up, but my intuition is that actual hiring for "career oriented jobs" (i.e. those not in retail or restaurant sectors) is flat, with total job numbers up only because more grads are... Read More »

Moving In With Mom and Dad After Graduation

Yesterday's Baltimore Sun reported on the epidemic of college grads moving back in with mom and dad after graduation.  A survey of the Class of 2010 college graduates reported that 7 out of 10 will move in with parents after graduation. But more significant than the short-term inconvenience of living at home again is the real struggle to find a job and start an adult life. Read More »