College-Grads Now Entering Labor Market
A new study from Georgetown University’s Center on Education and the Workforce shows that new college graduates arenow outnumbering labor works with a high school diploma or less. This is the first time in history that college grads have taken up more jobs in the construction industry than those without a degree. The news comes after Georgetown discovered those with a high school diploma or less dropped five percent since 2007
There are a few reasons the scale tipped in college grads’ favor:
- People are going back and getting their degrees
- There are fewer jobs for young adults entering the workforce, forcing them into labor jobs.
- New technology is pushing people out of their once stead career
- People with just a high school diploma or less were hit the hardest during the economy crash (over 5 million people lost their job)
- Once the economy got stronger and more jobs opened up, new college grads were hired over veteran labor workers
- New graduates are willing to work for less money than a seasoned, skilled laborer
Although this information may seem discouraging to non-college educated labor workers, but don’t worry. Skilled Resources sees the value in expert labor workers and easily find the labor work they’re looking for. Likewise, we’re always willing to train and place new laborers in temporary labor work. Luckily we’ve held strong through the economy changes and are committed to making everyone find their perfect temporary labor job.