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Data from the Federal Reserve Bank of New York shows the worst unemployment rates for recent college graduates in years. Experts say this is out of the ordinary.
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Each year, a flood of graduates enter the job market between June and November. Those who aren’t prepared often struggle to land that crucial first job.
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While students look forward to new opportunities after years of hard work, this year’s graduates face a tougher job market. Many employers report that new graduates lack experience in professional settings and are unfamiliar with basic workplace expectations.
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As rites of passage go, few are as momentous as college graduation. The commencement ceremony marks the end of one journey and the beginning of another.