EdSurge Podcast
How the Job Market Has Changed for College Grads
Oct 13, 2024
Gina Peterson, a dedicated adult learner, shares her journey of returning to education and the stark realities of today’s job market. Guy Berger, an economic research director at the Burning Glass Institute, highlights how the value of a college degree is shifting, with many graduates feeling ghosted by employers despite countless applications. They discuss the mounting pressures of competition, the emotional strain of job hunting, and the crucial role of networking and interpersonal skills in securing opportunities in this challenging landscape.
32:38
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Quick takeaways
- The current job market has devalued college degrees, leaving graduates frustrated by the lack of job opportunities despite their education.
- Gina's experience highlights the importance of skills learned in college, emphasizing interpersonal abilities over the direct impact of the degree itself.
Deep dives
The Complex Value of College Degrees
The current job market reveals that college degrees may not hold the promised advantages for graduates like they once did. Gina Peterson, a returning adult college student, shared her journey and experiences post-graduation, which revealed disappointing results in terms of job opportunities. Despite obtaining her associate's degree, Gina discovered that her degree has not significantly opened doors for her, especially after being laid off from a long-term position. The competitive nature of job postings currently makes it challenging for graduates to secure positions, prompting a reevaluation of the perceived value of higher education.
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