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by rootusrootus 63 days ago
> probably not what anyone would consider a properly-employed college graduate

Agreed, but wouldn't that be captured as 'under employment'? The stats are there for that, too, seems to be close to 20%.

1 comments

Yea, I'd call that underemployed. Does that mean 80% of recent college grads are employed in their area of study? I would be shocked if that were true.
Underemployment in the Fed’s data is defined as working any job where at least 50% of people in the job field say you don’t need a college degree. So 80% of recent grads are working in jobs where the perception is you need a degree. Which with the insane requirements for entry level jobs could still be underemployment from a practical perspective
It means that they are employed in a position that requires a college degree.