In hot U.S. jobs market, half of college grads are missing out

THE UNEMPLOYMENT RATE among Americans aged between 22 and 27 who recently earned a Bachelor’s degree or higher was 3.9% in December - about 0.3 percentage point above the rate for all workers. / AP FILE PHOTO/SETH WENIG
THE UNEMPLOYMENT RATE among Americans aged between 22 and 27 who recently earned a Bachelor’s degree or higher was 3.9% in December - about 0.3 percentage point above the rate for all workers. / AP FILE PHOTO/SETH WENIG
WASHINGTON – Millions of Americans are seeing little return from their expensive college degrees - even in today’s hot jobs market. For the first time in decades, recent college graduates are more likely to be out of work than the population as a whole, according to the New York Federal Reserve. And for the lower-earning half of…

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