Thursday, November 20, 2008

Let's Talk About The Other Jobless Rate

I want to repeat again that the media needs to address the invisible cohort of those entering the job market after pursuing higher degrees: without any sign of work in their specialized fields, this cohort will have an even more difficult time than those who have just lost their jobs because of the following reasons:

1) They do not qualify for unemployment benefits
2) They have typically very high student loans they need to begin repaying
3) Their training is very specialized and thus there are fewer jobs available to them
4) Because they do not qualify for unemployment benefits, they do not qualify for any other government aid, either

It would be nice if both the media and the government were to address these issues.

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