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For Ms. Sayed, a guilty sense of comfort lies only in the fact that hundreds of thousands of people around her age dread small talk, too: Youth unemployment in Canada is twice the national rate, these days hovering around a woeful 14%.
And while the Canadian economy gained more jobs than expected last month, driving the overall unemployment rate down to 7.4% from 7.6% in April, the unemployment rate among 15- to 24-year-olds was little changed....
The 25-year-old biological sciences graduate, who bolstered her University of Montreal degree with a certificate in community health last year, works for Bell in technical support. The $11.60 she makes per hour is barely enough to cover living expenses, let alone pay down the roughly $25,000 she owes in provincial and federal student loans.
“I always thought, ‘I’ll finish my degree and I’ll get a job,’ but then the reality hit,” she said, adding that she has applied to nursing school because that path seems more assured. “My parents think it’s easy to get a job in my field, and say things like, ‘You didn’t get a good degree to work at Bell,’ but (employers) won’t give me a chance.”....
With graduate applications rising 33% this year alone, many smaller businesses lack the time and resources to sift an ever-expanding applicant pool.
In 2010, it was estimated that Britain’s top 144 companies received an average of 5000 graduate applicants each, sending recruitment costs soaring.
The gaping mismatch between employers and graduates is only amplified by the fact that the economic downturn has compelled many Uni-leavers to apply outside their skill-set and seek stints in “stop-gap jobs.”
It is claimed by Rother that business is now moving away from a narrow focus on qualifications as barometers of candidate suitability, to a new focus on “experience”, with over half of all recruitment companies insisting on previous work within a relevant field as a pre-requisite to securing an interview.
The latest High Fliers survey found that a record 36% of this year’s graduate roles will be filled by people who have already worked for the organisation during their studies.
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Originally posted by GrandMind
This topic you have made has gotten to me. I already knew college was a joke but my parents insisted i go.I went to the University of Hartford for two Semesters,now on the second semester i did horrible (had my reasons) the school kicked my out, told them the reason and they didn't care.So now student loan is killing me slowly.Currently trying to get back in college but they wont take me cause of my gpa.20 years old and thousands of dollars in debt. Oh and I'm new here, just thought this should be me first post since it relates to me.
Originally posted by Skywatcher2011
Also wanted to share this link with you from another person who understands the value of a degree these days and shares his testimonial with the world Very methodical in his explanation:
The way firms are hiring nowadays is based on characteristics of the person rather than the education you hold. Though you have to have an education these days to get in, it is the personal attributes and skills you have that they will hire you on. It sucks that this is becoming the new reality.edit on 20-1-2012 by Skywatcher2011 because: (no reason given)
Originally posted by Rockpuck
I feel really bad for the kids graduating with degrees in Teaching, Business, anything Liberal Arts or Engineering. There's nothing out there. If it's specialized for your region you'll do good, like certain IT jobs. \