Shocking: 50% of US Graduates Underemployed!
The study notes that underemployment can persist for years after graduation, limiting career growth and reducing lifetime earnings.;
The volume of the immigration population that has been studying in the United States has been on a constant rise, and this is particularly due to the increased immigration from India. In the United States, nearly half of recent college graduates are underemployed, working in jobs that do not require a college degree, according to a study by Strada and the Burning Glass Institute.
This finding highlights a widening gap between higher education and labor market demand, raising concerns among students, educators, and policymakers alike.
Despite investing significant time and money in earning degrees, many graduates are unable to secure positions aligned with their field of study or skill level. Instead, they often take up roles in retail, hospitality, or other sectors that typically do not require advanced education.
The study notes that underemployment can persist for years after graduation, limiting career growth and reducing lifetime earnings.
Several factors contribute to this trend, including rapid changes in technology, shifting employer skill requirements, and an oversupply of graduates in certain disciplines. In some cases, academic programs fail to equip students with practical, job ready skills that employers seek. Economic uncertainty and cautious hiring practices have further intensified the problem.
Persistent underemployment can have long term consequences, including financial stress, delayed career progression, and diminished confidence among young professionals.
The report emphasizes the need for stronger collaboration between colleges and industries, expanded internship opportunities, and better career guidance to ensure that degrees lead to meaningful employment and sustainable careers.