Cheap Eats: Dine On A Dime!
May 2, 2008 9:58 pm US/Eastern
College Graduates Feel The Brunt Of The Economy
BOCA RATON (CBS4) ―
It's graduation day for Tiffany Blackwood, and she assumed earning a bachelor's degree in psychology at Florida Atlantic University would land her a job. She's still looking for one, and she is not alone in this scenario.
"I think it's the job market and the economy," said Blackwood. "I mean it's getting kind of rough out there you know. The gas prices, housing is getting really bad, a lot of foreclosures."
Thousands of South Florida graduates are having a hard time finding jobs this year in comparison to last year. The National Association of Colleges and Employers (NACE) told CBS4 News that the class of 2008 will find fewer job opportunities than they anticipated. That's because of the hard hit sectors in the economy like financial services and construction.
"I think it's getting really bad, and a lot of people when they see the economy is getting bad they're not going to hire or give you what you're worth in pay," said Blackwood.
Michael Buschman earned a biology degree; he decided to go to grad school and skip the job search.
"There's not much you can do with a bachelor's," said Buschman.
According to NACE, the top six employment sectors that are most likely to hire new college graduates are: Accounting, Mechanical, Electrical Engineering, Computer Science, Business Administration, and Economics.
FAU President Frank Brogan says it's a tough year.
"When the economy begins to tighten, jobs become fewer and fewer," said Brogan. "While Florida's overall unemployment rate is still below 5%, there is more strain this year for college graduates who are walking out the door looking for that first job."
But he does stress that if you're having difficulty finding a job, you should not give up.
(© MMIX, CBS Broadcasting Inc. All Rights Reserved.)
Cheap Eats: Irish Fare & Italian Dishes
Click to enlarge
Stumble It!
