Our research team has shown that no matter what the state of the economy, there are a considerable number of entry-level job openings for college graduates.
Pasadena, CA (PRWEB) April 13, 2013
A new report from the Economic Policy Institute says that the class of 2013 is in for some tough times in the months ahead, and warns that many will have to settle for low-level and low-paying jobs. Job search website EntrylevelCrossing.com however has been able to find over 31,000 entry-level jobs.
The report looked at the labor market for high school graduates aged 17-20 and college graduates between 21-24 years old. The jobless rate for young high school graduates is 29.9 percent compared to 17.5 percent in 2007. Their underemployment rate is 51.5 percent, while in 2007 it was just 29.4 percent.
College graduates are doing relatively better but their jobless rate is still high compared to the pre-recession level. Their current unemployment rate is 8.8 percent compared to 5.7 percent in 2007, while the underemployment rate is 18.3 percent compared to just 9.9 percent in 2007. Even the real wages (i.e. adjusted for inflation) have fallen for both college graduates and high school graduates between 2000 to 2012.
Most of the jobs that EntrylevelCrossing has been able to track down require either a college degree or at least some certification. Out of the 31,000 job listings, there are 1,397 accounting jobs, 1,062 engineer jobs and 1,281 marketing jobs on the site.
“Our research team has shown that no matter what the state of the economy, there are a considerable number of entry-level job openings for college graduates,” said CEO Harrison Barnes. “In the next few months, we believe we will be able to track down even more entry-level job openings so that the class of 2013 will have better job prospects.“
EntrylevelCrossing.com is a job search site based in Pasadena, CA. It is a part of the Employment Research Institute and owned by A. Harrison Barnes.