We promised our children that a college education would lead to a good job. With 7.9% of recent grads out of work, and 41% underemployed, we have failed them and need to make things right!
Dallas, TX (PRWEB) September 26, 2013
Parents, educators, business leaders and government officials demand that our children get a college degree to obtain a good job. Today, millions of these graduates have no job or are severely underemployed. A May 2013 study from the Georgetown University Center on Education and the Workforce reveals that recent college graduates with a Bachelor’s degree or better are experiencing unemployment rates between 4.8 percent to 14.7 percent depending on their major. The report puts the overall unemployment rate for recent college grads at 7.9%.
Underemployment is an even bigger issue. Just four days ago, Rep. Susan W. Brooks of Indiana addressed the House of Representatives with the following statistic, "41 percent of college graduates are underemployed relative to their education." Translated, this means that recent college graduates with school loans averaging $26,000 (College Board & Advocacy Policy Center) are working in retail stores and restaurants that do not even require degrees.
"Inkler is 100% committed to helping these graduates by showcasing their education, skills, accomplishments and other talents to the corporate hiring community through our website," said Inkler founder, John Ahrens. “We will do whatever is necessary to attract employers to the site to ensure that more of these bright graduates get into the workforce. Since launching the site a few weeks ago, the reception from employers has been tremendous."
Job Seekers can create a unique profile with information about their education, work history, skills, certifications and accomplishments. To help job seekers stand out more, video résumés or other work related videos can be uploaded and attached to their profile. Inkler is also a powerful social networking site that allows members to provide updates, form strategic teams, and participate in supportive forum discussions.
Employers can search the member database or enter their specific job requirements using Inkler’s advance search module to find qualified candidates. Once candidates are chosen, the employer can contact them. All of this is currently free for employers and recruiters. A search for a recent graduate may look like this:
Recent College Grad: Yes
Education: Bachelors Degree
Work Type: Full-Time
Salary Requirement: $50,000 - $60,000
“The hiring process of listing jobs online, receiving hundreds of applicants and then sorting them, is outdated, said Ahrens.” “By looking at the figures below, it is clear to me that employers should find candidates on profile sites like Inkler rather than spending thousands of dollars in job listing fees that overwhelm them with hundreds of résumés. More important, unemployed job seekers should strongly consider posting their profile on Inkler due to the competition on sites that are not focused on the unemployed.”
Job Site and Hiring Statistics:
- LinkedIn has 238 million members (LinkedIn), and, based on the CareerBuilder’s report listed below, most are actively looking or open to new job opportunities.
- 427,000 new résumés are posted on Monster each week (BeHiring).
- 74% (106.8 million) of currently employed US workers are actively searching or open to new opportunities (CareerBuilder).
- On average 250 resumes are received for each corporate job opening (ere.net).
- Recruiters spend only 6 seconds reviewing individual résumés (TheLadders).
- 50 percent of applicants for a typical job fail to meet the basic qualifications (Wall Street Journal).
- Corporations classify 30 percent to 50 percent of all recruiting efforts as a failure, defined as when an offer was rejected or when the new hire quit or had to be terminated within the first year (Staffing.org).
“With all the money and effort that goes into a candidate search, recruiters still have less than 1-minute to look over a résumé. It is no wonder that the failure rate is so high. It’s time to start choosing candidates based on qualifications rather than posting a job and receiving a slew of applications that can be impossible to manage.”
Inkler was launched in September of 2013 with a mission to promote unemployed job seekers to businesses ranging from small to the Fortune 500. Through its powerful website, employers and recruiters can bypass the norming hiring process and find qualified candidates in minutes. The Inkler website is exclusive to all unemployed and underemployed job seekers, including recent college graduates and military veterans.