https://lnkd.in/eC2PrDhG Indeed, for recent graduates, know what you want, and not jump on the first job offer that comes your way. That first job is often key to how your career trajectory will look for the next few years.
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The key finding of a new study tracking the career paths of more than 10 million people who entered the job market over the past decade suggests that the number of graduates in jobs that don’t make use of their skills or credentials is 52% greater than previously thought: #education #careerpath
Half of College Grads Are Working Jobs That Don’t Use Their Degrees
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Your college degree doesn't define your career path (a lesson I learned a little late :). A new study reveals that 52% of college graduates end up in jobs that don't require their degree or college-level skills. The real game-changers? Your choice of major and internship experience. • STEM degrees and math-intensive business majors have the lowest underemployment rates. • Even one internship during college significantly improves your odds of landing a college-level job. • Getting stuck in underemployment early on can have lasting effects on your career and earnings. • The pandemic has made the transition into the workforce even more challenging for recent grads. The key takeaway? Be strategic about your major, prioritize internships, and don't settle for a job that doesn't align with your career goals. Your first post-college job matters...a lot more than you think. I'd love to hear from you! Share your thoughts in the comments! If you're in college or know someone who is...please share and/or repost this ♻️. https://lnkd.in/gqHtECep
Half of College Grads Are Working Jobs That Don’t Use Their Degrees
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WSJ: Roughly half of college graduates end up in jobs where their degrees aren’t needed, and that underemployment has lasting implications for workers’ earnings and career paths. That is the key finding of a new study tracking the career paths of more than 10 million people who entered the job market over the past decade. It suggests that the number of graduates in jobs that don’t make use of their skills or credentials—52%—is greater than previously thought, and underscores the lasting importance of that first job after graduation.
Half of College Grads Are Working Jobs That Don’t Use Their Degrees
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“You're told your entire life, ‘Go to college, get a bachelor's degree and your life is gonna be gravy after that.’” ➡️ Half of College Grads Are Working Jobs That Don’t Use Their Degrees As a leadership coach and executive recruiter, I find this article particularly insightful. It emphasizes the significance of strategic decision-making in career planning, especially for recent graduates. Choosing the right major, securing relevant internships, and landing an appropriate first job can significantly shape one's career trajectory and long-term success. This underscores the importance of mentorship and guidance for young professionals to make informed choices and navigate the complexities of the job market effectively. #CareerStrategy #ProfessionalDevelopment #LeadershipCoaching #fearlessplus Fearless+ https://lnkd.in/e-jnjDWn
Half of College Grads Are Working Jobs That Don’t Use Their Degrees
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Great read…Translation: Success = Pick the right major (i.e., demand > supply) + Get work experience (i.e., internships related to major) + Pick the right first job (i.e., they pay a premium for your major because of supply/demand conditions and you are job ready day one because you have professional work experience). Notice: “More than any other factor analyzed—including race, gender and choice of university—what a person studies determines their odds of getting on a college-level career track. Internships are also critical.” I chuckled at this one: "He also regrets taking an entry-level sales job in logistics after months of fruitless job hunting after graduation." “Bachelor’s degree holders in college-level jobs earn nearly 90% more than people with just a high-school diploma in their 20s.” “…most of the graduates who don’t find work reflecting their degrees are what they call “severely underemployed, meaning they’re in jobs that only require a high school education or less.” Picking a college major: https://lnkd.in/eX8XUHxj The 16 worst-paying college majors, five years after graduation: https://lnkd.in/eTyx7YpW. But…If You Majored in One of These 18 Subjects, You’ll Likely Have a Comfortable Retirement: https://lnkd.in/exHB9Duj Our new "apprenticeship" program: We just concluded a co-op pilot program with a F500 company that was highly successful and has started its second iteration in 2024. So, what makes this Co-op program different? https://lnkd.in/eBTbaQui #careers #jobs
Half of College Grads Are Working Jobs That Don’t Use Their Degrees
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Do you use your degree in your current role? In this article by the Wall Street Journal, 10 MILLION Americans were asked this questions. And the results? Unfortunately, split close to 50/50. We can get stuck on career paths we never intended if we aren't careful. Take a job too quick. Fail to network early. Let desperation drive our choices. The first step in our career is important. And when we start taking that step matters just as much too. I believe there is value in college still. I also believe, that there is a responsibility we have, to make sure we end up on the right track. Comment down below what did you end up getting a degree in? Or did you get a degree at all? Read the article here: https://lnkd.in/ge8Gm2Dm
Half of College Grads Are Working Jobs That Don’t Use Their Degrees
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In light of a recent study, it's evident that around 52% of college graduates end up in jobs that don’t require their degrees, which significantly impacts their earnings and career trajectories. This finding, based on the analysis of over 10 million individuals entering the job market in the past decade, underscores the pivotal role of the first job after graduation. In the research, internships emerge as a crucial factor determining the ability of recent grads to find roles that align with their degree. These insights fuel the ongoing debate on the value of a college education amidst soaring costs and the alignment of university education with employer needs. #CareerTrajectory #HigherEducation #EmploymentTrends #RecruitmentInsights https://lnkd.in/gzbRFk5n
Half of College Grads Are Working Jobs That Don’t Use Their Degrees
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Class of 2025 college graduates could see more job openings — especially in these fields After two years of declines, employers are planning to hire more new grads this spring than they did last year. Here’s why employers are “cautiously optimistic.”
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“You're told your entire life, ‘Go to college, get a bachelor's degree and your life is gonna be gravy after that." As a recent college graduate, one of the biggest challenges I’ve faced is underemployment. Despite completing my degree and acquiring valuable skills and knowledge, I have found it increasingly difficult to secure a job that leverages my qualifications and provides me with the opportunity for growth and advancement. Underemployment is a widespread issue for many college graduates, and it can be incredibly frustrating and demoralizing. While I have been able to find some work, it often falls short of utilizing my full potential and leaves me feeling unfulfilled and stuck in a rut. The reality is that many entry-level jobs do not offer competitive salaries or the level of responsibility and challenge that I had hoped for after completing my education. In addition, the job market is highly competitive, with more and more graduates vying for the same positions, making it even harder to stand out and land a job that truly aligns with my qualifications and career goals. Despite these challenges, I remain hopeful and determined to find a job that allows me to grow and thrive in my chosen field. I am constantly seeking out new opportunities, networking, and honing my skills to increase my marketability. I know that with perseverance and a positive mindset, I will eventually find a job that fully utilizes my education and sets me on the path towards a successful and fulfilling career. I contemplate daily on whether to obtain another bachelor's degree just to find that true niche or reset my career path.
Half of College Grads Are Working Jobs That Don’t Use Their Degrees
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The University of Michigan - Stephen M. Ross School of Business has released its 2024 employment report! 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐂𝐥𝐚𝐬𝐬 𝐨𝐟 2024: ⬇️ % receiving job offers 3 months post-graduation: 84.6% (from 96%) ⬇️ Median base salary: $170,000 (from $175,000) ⬇️ % accepting roles in consulting + tech: 51.5% (from 60+%) 𝐀 𝐰𝐡𝐨𝐩𝐩𝐢𝐧𝐠 95% 𝐨𝐟 𝐠𝐫𝐚𝐝𝐮𝐚𝐭𝐞𝐬 𝐰𝐞𝐫𝐞 𝐜𝐚𝐫𝐞𝐞𝐫 𝐬𝐰𝐢𝐭𝐜𝐡𝐞𝐫𝐬! While key figures dropped from prior years, these numbers seem pretty solid, given the challenges of the job market. Ross reports that 91% of graduates received offers at the 6-month mark. What do you think? Read more here: https://lnkd.in/gt5dZVNK #mbajobs #mbaemployment #mbaadmissions
Michigan Ross Releases 2024 Career Report: Full-Time MBA Grads Received Offers From Top Companies
michiganross.umich.edu
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