How Much Protection Does a College Degree Afford? The Impact of the Recession on Recent College Graduates

Institution	Pew Charitable Trusts, Economic Mobility Project
Titel	How Much Protection Does a College Degree Afford? The Impact of the Recession on Recent College Graduates
Quelle	(2013), (32 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	College Graduates; Economic Climate; Employment; Income; Educational Attainment; Young Adults; Unemployment; Individual Characteristics; High School Graduates; Bachelors Degrees; Associate Degrees; Mobility + Suchen Sie Ihr Suchwort? Hochschulabsolvent; Hochschulabsolventin; Wirtschaftslage; Dienstverhältnis; Einkommen; Bildungsabschluss; Bildungsgut; Young adult; Junger Erwachsener; Arbeitslosigkeit; Personality characteristic; Personality traits; Persönlichkeitsmerkmal; High school; High schools; Graduate; Graduates; Oberschule; Absolvent; Absolventin; 'Bachelor''s degrees'; Bachelor-Studiengang; Mobilität; Mobilitätsförderung
Abstract	This report examines whether a college degree protected recent graduates from a range of poor employment outcomes during the recession, including unemployment, low-skill jobs, and lesser wages. The report draws upon data from the 2003-2011 Current Population Survey (CPS) to examine the early labor market outcomes of 21- through 24-year-olds. The report's key findings include: (1) Although all 21- to 24-year-olds experienced declines in employment and wages during the recession, the decline was considerably more severe for those with less education; (2) The comparatively high employment rate of recent college graduates was not driven by a sharp increase in those settling for lesser jobs or lower wages; (3) The share of non-working graduates seeking further education did not markedly change during the recession; and (4) Out-of-work college graduates were able to find jobs during the downturn with more success than their less-educated counterparts. The findings show that the deteriorating market situation of recent college graduates, while real and troubling, is nonetheless less extreme than that experienced by less-educated groups. An appendix includes data for 2003-2011 CPS Sample Sizes for Recent Graduates, Ages 21 to 24. Contains endnotes. [This research was conducted by David B. Grusky, Beth Red Bird, Natassia Rodriguez, and Christopher Wimer.] (ERIC).
Anmerkungen	Economic Mobility Project. Available from: Pew Charitable Trusts. 901 E Street NW 10th Floor, Washington, DC 20004. Tel: 202-540-2000; Fax: 202-552-2299; e-mail: pcs-feedback@pewtrusts.org; Web site: http://www.pewtrusts.org/en/archived-projects/economic-mobility-project
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01