College grads expected to earn less, have trouble finding job - Fox 28: South Bend, Elkhart IN News, Weather, Sports

College grads expected to earn less, have trouble finding job

Posted:
It's graduation time for a lot of college kids. That means they're taking their first step out into the "real world," but the Class of 2014 is expected to struggle fiscally. Experts say that they have a tough road ahead when it comes to the job market.

Experts are describing those struggling as "disconnected youth." These youth represent the 1 in 5 high school graduates and 1 in 10 college graduates who are not in school or working. For those of you that do have luck landing a job, you still have some problems to overcome. Experts say the pay is not that great. High school grads are earning 11% less than they were back in 2000, averaging $9.82 an hour. College grads are also hearing the same tune, bringing in an average of $16.99 an hour. That may sound like a lot, but that's actually less than years before the recession hit. To make matters worse, we're told employers are not as generous as they once were when it comes to benefits.

Unfortunately, experts warn it could take between 10 and 15 years before the job market makes a comeback. It's something they are calling "bad timing" for the Millennial generation.

CNN contributed to this story




  • Most Popular StoriesMost Popular StoriesMore>>

  • Two shot, one killed in downtown Chicago office building

    Two shot, one killed in downtown Chicago office building

    200 block of LaSalle in Chicago (FOX32 photo)200 block of LaSalle in Chicago (FOX32 photo)
    CHICAGO (FOX 32 News) - A recently demoted executive entered a Loop office building in Chicago on Thursday morning and shot the company’s CEO before turning the gun on himself and committing suicide, authorities said. The shooting happened just before 10 a.m. at the ArrowStream company on the 17th floor of the Bank of America building, 231 S. LaSalle St. “Apparently he was despondent over the fact that he got demoted,” Chicago Police Supt. Garry McCarthy said.More >>
    CHICAGO (FOX 32 News) - A recently demoted executive entered a Loop office building in Chicago on Thursday morning and shot the company’s CEO before turning the gun on himself and committing suicide, authorities said. The shooting happened just before 10 a.m. at the ArrowStream company on the 17th floor of the Bank of America building, 231 S. LaSalle St. “Apparently he was despondent over the fact that he got demoted,” Chicago Police Supt. Garry McCarthy said.More >>
  • South Bend Police looking for a man who allegedly exposed himself to children

    South Bend Police looking for a man who allegedly exposed himself to children

    Yesterday afternoon, a seven year old boy was playing with his six year old friend on the 1000 block of South Ironwood, when an unknown male tried to lure the children to a nearby garage according to the South Bend Police Department.The children refused at which point the man exposed his genitalia. The children ran into a nearby home and the suspect left the area in a direction unknown to police.The man is described as having gray balding hair and wearing light colored shorts.More >>
    Yesterday afternoon, a seven year old boy was playing with his six year old friend on the 1000 block of South Ironwood, when an unknown male tried to lure the children to a nearby garage according to the South Bend Police Department.The children refused at which point the man exposed his genitalia. The children ran into a nearby home and the suspect left the area in a direction unknown to police.The man is described as having gray balding hair and wearing light colored shorts.More >>
  • Orville Redenbacher withdraws Indiana sponsorship

    Orville Redenbacher withdraws Indiana sponsorship

    ChicagoLand Popcorn has become the title sponsor of an Indiana popcorn festival after ConAgra Foods withdrew its Orville Redenbacher sponsorship.More >>
    ChicagoLand Popcorn has become the title sponsor of an Indiana popcorn festival after ConAgra Foods withdrew its Orville Redenbacher sponsorship.More >>
Powered by WorldNow

Fox 28

WSJV-TV FOX 28
58096 County Road 7, South
Elkhart, IN 46517

Switchboard: 574.679.9758
News Phone: 574.679.4545
Station Fax: 574.294.1267
Email: fox28news@fox28.com

All content ©Copyright 2000 - 2014 WorldNow and WSJV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Heather Stewart at (574) 343-5310. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.