Dive Brief:
- College graduates from the 2007-2008 school year — as the recession was beginning — seemed to fare well in the employment market, according to a report released today by the U.S. Education Department's National Center of Education Statistics.
- According to the report, four years after graduation, 83% of 2007-2008 graduates who were not enrolled in more college studies were employed. Of that group, 85% worked in one full-time job, 8% worked in one part-time job, and 8% worked multiple jobs.
- About 17,000 college graduates participated in the study, which is a second follow-up of the Baccalaureate and Beyond Longitudinal Study of students one year after their 2007-2008 graduation.
Dive Insight:
Of all the 2007-2008 graduates, four years later, 11% were employed and enrolled in additional post-secondary programs, 6% were exclusively enrolled, 69% were exclusively employed, 7% were unemployed and looking for work, and 8% out of the labor force, not looking for work. By major, the graduates who weren’t in attending additional college programs who fared the best, employment-wise, were engineering and engineering technology majors, with 89.6% employed. On the low end were social sciences majors, employed at a 78.2% rate.