ATD Blog
Wed Aug 05 2009
WASHINGTON (Reuters) - Americans fresh out of university are
discovering their expensive degrees are not the entry ticket to a job
they had hoped in the face of high unemployment.
Some young graduates are working for free to enhance their skills
and bolster their resumes. Some are looking abroad for work while
others are determined to push their way into the U.S. job market.
Jessicalind Ah Kit got off to a great start in her job search. One
company flew her abroad and gave her a rental car. After a first day of
interviews, the company told her it had a freeze on global hiring.
Ah Kit studied management information systems, economics and
Japanese in college. After an 18-month search, she has taken an unpaid
internship -- her third.
The National Association of Colleges and Employers says only 19.7
percent of 2009's graduates who applied for jobs had them as of May
2009. During the second quarter this year, unemployment for workers
under 25 years of age was 17.3 percent, nearly double the national
average.
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