Wednesday, September 1, 2010

The Consequences of Graduating in a Bad Economy

“The Long-Term Labor Market Consequences of Graduating from College in a Bad Economy” by Lisa Kahn concludes that
"those graduating in worse economies may take longer to find work. Those who graduated in the recession also had less prestigious jobs and stayed in those jobs slightly longer, which suggests that workers who graduate in a bad economy are unable to fully move into better jobs after the economy picks up."