Skip Navigation Links

Blog

Class of 2008 Grads Doing Fine, Finding Employment

July 9, 2014

by Suada Kolovic

The Class of 2008 graduated college in the midst of the Great Recession but new government data show that in terms of employment, they're doing just fine.

The National Center for Education Statistics study entitled "First Look at the Employment Experiences and Lives of College Graduates, 4 Years On" surveyed 17,000 people who graduated in the 2007-2008 academic year. They found that of those graduates who were not enrolled in further postsecondary studies in 2012, 82.5 percent were employed; of those individuals, 84.5 percent were in one full-time job, 7.8 percent had one part-time job and 7.7 percent had multiple jobs. Anthony P. Carneval, director of Georgetown University's Center on Education and the Workforce, said the 2007-2008 graduates were "basically a step ahead of the storm," in terms of having jobs lined up before the recessions effects were felt. (Unfortunately, students who graduated in 2009 and 2010 were not so lucky.) You'll find several highlights from the study below but for a more in-depth look, click here:

  • Graduates who worked but had never gone on for more postsecondary education had held an average of 2.1 jobs in the years since graduation. Nearly 39 percent had held one job, while 11.4 percent had held four or more jobs.
  • On average, graduates who had not pursued further postsecondary education worked 84 percent of the months since graduating, spent 5.8 percent of those months unemployed and spent 10.2 percent of them out of the labor force.
  • Graduates who were not enrolled in a postsecondary program in 2012 and who had a full- or part-time job worked, on average, 41.2 hours a week in that job. Full-time workers earned an average annual salary of $52,200 and a median salary of $46,000. Part-time workers earned an average of $25,900 and a median of $20,200.

It's important to note that the study doesn't show whether graduates were employed in a field related to their studies, how student loan debt affected graduates' wealth or earning potential, or whether they sought financial support from family members. With that being said, what do you think of the findings? And to the recent college graduates, how is your job search going? Share your thoughts and experiences in our comments section!

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 
Comments (0)

Recent Posts

Tags

ACT (20)
Advanced Placement (24)
Alumni (17)
Applications (82)
Athletics (17)
Back To School (73)
Books (66)
Campus Life (457)
Career (115)
Choosing A College (53)
College (1004)
College Admissions (242)
College And Society (309)
College And The Economy (377)
College Applications (147)
College Benefits (290)
College Budgets (215)
College Classes (446)
College Costs (493)
College Culture (600)
College Goals (386)
College Grants (53)
College In Congress (88)
College Life (566)
College Majors (221)
College News (590)
College Prep (166)
College Savings Accounts (19)
College Scholarships (159)
College Search (115)
College Students (455)
College Tips (115)
Community College (59)
Community Service (40)
Community Service Scholarships (27)
Course Enrollment (19)
Economy (122)
Education (26)
Education Study (29)
Employment (42)
Essay Scholarship (38)
FAFSA (55)
Federal Aid (99)
Finances (70)
Financial Aid (415)
Financial Aid Information (58)
Financial Aid News (57)
Financial Tips (40)
Food (44)
Food/Cooking (27)
GPA (80)
Grades (91)
Graduate School (56)
Graduate Student Scholarships (20)
Graduate Students (65)
Graduation Rates (38)
Grants (62)
Health (38)
High School (130)
High School News (73)
High School Student Scholarships (184)
High School Students (310)
Higher Education (110)
Internships (526)
Job Search (178)
Just For Fun (115)
Loan Repayment (39)
Loans (47)
Military (16)
Money Management (134)
Online College (20)
Pell Grant (28)
President Obama (24)
Private Colleges (34)
Private Loans (19)
Roommates (100)
SAT (23)
Scholarship Applications (163)
Scholarship Information (179)
Scholarship Of The Week (271)
Scholarship Search (219)
Scholarship Tips (87)
Scholarships (403)
Sports (62)
Sports Scholarships (21)
Stafford Loans (24)
Standardized Testing (46)
State Colleges (42)
State News (33)
Student Debt (83)
Student Life (511)
Student Loans (139)
Study Abroad (67)
Study Skills (215)
Teachers (94)
Technology (111)
Tips (506)
Transfer Scholarship (16)
Tuition (93)
Undergraduate Scholarships (35)
Undergraduate Students (154)
Volunteer (45)
Work And College (83)
Work Study (20)
Writing Scholarship (18)

Categories

529 Plan (2)
Back To School (357)
College And The Economy (515)
College Applications (253)
College Budgets (342)
College Classes (566)
College Costs (750)
College Culture (935)
College Grants (133)
College In Congress (132)
College Life (960)
College Majors (331)
College News (917)
College Savings Accounts (57)
College Search (390)
Coverdell (1)
FAFSA (116)
Federal Aid (132)
Fellowships (23)
Financial Aid (705)
Food/Cooking (76)
GPA (277)
Graduate School (107)
Grants (72)
High School (540)
High School News (259)
Housing (172)
Internships (565)
Just For Fun (223)
Press Releases (1)
Roommates (138)
Scholarship Applications (223)
Scholarship Of The Week (347)
Scholarships (596)
Sports (74)
Standardized Testing (58)
Student Loans (225)
Study Abroad (61)
Tips (835)
Uncategorized (7)
Virtual Intern (532)

Archives

< Apr May 2015 Jun >
SunMonTueWedThuFriSat
262728293012
3456789
10111213141516
17181920212223
24252627282930
31123456