Keep up the job search — employment after graduation doesn’t happen easily.
Every day since February, Robert Good, 23, has followed his routine: Hold 20 new interactions via social media, post 15 résumés to job listings, make five personal contacts and compose three new cover letters.
Last week, he accepted a job.
“Every interview I got was through a personal connection,” Good said.
Good graduated with honors in December from the University of Wisconsin–Stevens Point with a double degree in business administration and economics. While in school, he founded his own business, Late Night Campus Delivery, which brought food to students from local restaurants that don’t deliver. Despite his successes, starting the job search meant waking up to a full inbox of rejections.
“Some of my friends have been out of school for a year and a half and still don’t have a job,” Good said.
On April 5, the Bureau of Labor Statistics released a report evaluating the job market for recent college graduates. The report indicates that in October 2011, the unemployment rate for 20 to 29-year-olds who had graduated with bachelor’s degrees in 2011 was 13.5%. While the numbers have fallen since the peak at 17.6% in 2009, they remain higher than pre-recession rates.
The March jobs report released Friday showed that workers ages 25 and older with a bachelor’s degree or higher were far less unemployed than those with lower levels of educational attainment. This trend held bachelor’s degree or higher recipients at 3.8% unemployment, compared with those with less than a high school diploma (11.1% unemployment).
Overall, the jobs report marked laggard progress for the USA, which added 88,000 new jobs in March compared with the 268,000 added in February.
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