Actually I have been to North Dakota. And while it's not NYC -- heck it's probably not even Montana -- there is something to be said for the energy and optimism that comes from 1) opportunity and 2) decent wages. If you are not a ND native, then work there a few years while the economy recovers, save some money, enjoy the outdoors (buy some warm clothes) and then move to the place of your dreams. It's not a war zone, and it's not as depressing as living anywhere with a high rate of poverty or unemployment.
Well, if you don't want to finish college and you still want to make money, you can always become a plumber. In fact hire two laborers after two years and you'll be doing well.
@Noreen,
Apparently you've never been to North Dakota. There are jobs but it's a grim place to live! the people working there are pretty much just there to work. So that has to be your goal.
My personal suggestion to unemployed college grads with tastes for adventure (and overcrowded housing) is to go North.
North Dakota, that is. The oil boom is creating opportunities in energy and auxiliary industries statewide. The problem in N.D. isn't finding a job, but finding a place to live because housing is in short supply.
Based on an analysis of 2011 Current Population Survey data by Northeastern University researchers and supplemented with material from Paul Harrington, an economist at Drexel University, and the Economic Policy Institute, a Washington think tank,the southern U.S., anchored by Texas, was most likely to have young college graduates in higher-skill jobs.
The worst areas: the Mountain West was most likely to have young college graduates jobless or underemployed — roughly 3 in 5. It was followed by the more rural southeastern U.S., including Alabama, Kentucky, Mississippi and Tennessee. The Pacific region, including Alaska, California, Hawaii, Oregon and Washington, also was high on the list.
Re: looking at the data
AskAsa
4/23/2012 9:24:53 AM
Are there any parts of the country, geographically speaking, that offer better opportunities for new grads?
Re: looking at the data
Dex
4/23/2012 9:21:38 AM
It's getting worse, too.
A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don't fully use their skills and knowledge. Young adults with bachelor's degrees are increasingly scraping by in lower-wage jobs — waiter or waitress, bartender, retail clerk or receptionist, for example — and that's confounding their hopes a degree would pay off despite higher tuition and mounting student loans.
Something to think about, courtesy of the St Louis Fed: Since the recession, the unemployment rate for college graduates has more than doubled, from under 2 percent in 2007 to a peak of 5 percent at the end of 2010, and roughly one-quarter of recent graduates were underemployed.
There's entitlement for you.
Some of the other commonly used markers of "entitlement" are the facts that younger workers want better working conditions and more flexible scheduling. Again, you have to ask yourself: Does that make someone demanding or simply well-balanced?
Re: looking at the data
AskAsa
4/22/2012 11:06:19 AM
That's an interesting way of looking at it. Obviously kids who have certain levels of debt feel they have to earn a reasonable amount to get a handle on their payments and avoid default. And while they can always restructure the loans based on their earnings, the thought of paying student loans for the next 40 years is daunting. Maybe they are less entitled than practical.
The blogs and comments posted on Investor Uprising do not reflect the views of Investor Uprising, PRNewswire, or its sponsors. Investor Uprising, PRNewswire, and its sponsors do not assume responsibility for any comments, claims, or opinions made by authors and bloggers. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
|
 |
Latest Blogs
Telecom-equipment maker Ciena is a stock trader’s dream, as long as the timing is correct.
The FTC is offering a $50,000 cash prize to the person or group that can come up with a solution to those annoying robocalls.
Akamai is in the middle of four significant tech trends.
John Malone of Liberty Media will be taking over Sirius XM satellite radio when the existing CEO Mel Karmazin steps down. What's it mean?
Demand for students of the humanities exists, despite widespread aspersions on the discipline.
IU Education
Resources to help you become a better investor
Investor Uprising on Twitter
25 market-moving companies we're tracking
|
Tweet This