Sacramento Bee: “U.S. unemployment may have hit its lowest rate in decades this January, but many Americans fresh out of college aren’t seeing gains like you might imagine from the robust job market. The Federal Reserve Bank of New York’s latest data on how recent graduates are faring in the labor market shows a college degree still pays off in terms of employment levels and earnings compared to only a high school diploma. But numbers released Friday show that the unemployment rates for young college grads can vary dramatically depending on their choice of majors. What’s more, wages for recent grads are coming up short in the face of sky-high inflation…”
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