#Stop S386, Bernie Sanders fraud, college degrees, College education, college education employment, college education salaries, education, free college, free college for all, free college for all fraud, high school degrees, Stop Bernie, Stop H1B, underemployment rates, unemployment rates, University, US educational system, vo-tech
As of December 2019, 41% of recent graduates and 33.8% of college graduates were working in jobs that do not require a college degree. Whereas traditionally underemployed means not working full time, here the definition is people working in jobs that shouldn’t require a college degree. These include STEM workers: https://www.newyorkfed.org/research/college-labor-market/college-labor-market_compare-majors.html
“Notes: The underemployment rate is defined as the share of graduates working in jobs that typically do not require a college degree. A job is classified as a college job if 50 percent or more of the people working in that job indicate that at least a bachelor’s degree is necessary; otherwise, the job is classified as a non-college job. Rates are calculated as a twelve-month moving average. College graduates are those aged 22 to 65 with a bachelor’s degree or higher; recent college graduates are those aged 22 to 27 with a bachelor’s degree or higher. All figures exclude those currently enrolled in school. Shaded areas indicate periods designated recessions by the National Bureau of Economic Research“.
See interactive original here: https://www.newyorkfed.org/research/college-labor-market/college-labor-market_underemployment_rates.html. In the US system a “bachelor’s” degree is a four year university degree.
By Major (shows that the should not US should not be importing foreign workers): https://www.newyorkfed.org/research/college-labor-market/college-labor-market_compare-majors.html
H1B foreign “speciality workers” are foreign workers in “speciality” fields, which compete for US jobs on the same footing as US citizens. A college degree, by definition, involves specialization in a body of knowledge, with the exception of “general studies”. Foreigners with college degrees are shoving American college grads into non-college jobs, and shoving American high school grads into unemployment.
The US needs to stop importing foreign workers – whether educated in the US or abroad – and reinvest in K-12 education, including vo-tech.
See interactive originals here: