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College grads-where do you turn in this market?

Apprentice program graduates
Apprentice program graduates
Photo by Handout/Getty Images

With graduations upon us we have a new batch of people about to look into entering the job market. After years of intense hard work and studying it's time to put this knowledge to work. Some of you have been so engrossed in your studies that you haven't noticed the daunting unemployment rate. It's going to be a full-time job trying to find a job. For many you need a job to pay for that student loan.

Target job applicants
Target job applicants Justin Sullivan/Getty Images

Target job applicants

The “effective unemployment rate” referred to as U-6 has remained unusually high for college graduates. Since 2012 the rate has improved from 16.4 percent to 15.6 percent, still this doesn’t include almost 2 million that gave up on a job search. Unable to find a job, grads are also unable to escape the student loans, even under bankruptcy. Where do you turn when it looks like the American Dream is gone?

Certain jobs will be like job fairs with interview lines
Certain jobs will be like job fairs with interview lines Justin Sullivan/Getty Images

Certain jobs will be like job fairs with interview lines

Depending on the field of study the most successful students started working while they attended college. Some of you say, yes that’s how I put myself through college-well that’s great but, was your job related to your field of study? The answer for many is no but those that worked as interns gained invaluable experience for their resume. Many had the foresight to work through the school to gain credits for the work.

The "all-volunteer service" as President Obama said awaits many
The "all-volunteer service" as President Obama said awaits many Mark Wilson/Getty Images

The "all-volunteer service" as President Obama said awaits many

If you’ve already graduated and find yourself still looking, please consider working as an intern, employers see this as a proactive approach and will consider you over the 300 other applicants. Another possibility depending on your major is to do volunteer work which is viewed in the same manner by employers. Other than taking a fresh approach with your resume and cover letter you’re in the same job pool as millions of other Americans. Some may look to the military for answers.

 

If you find yourself asking, why are we still in this stagnant economic position? Remember this: the anti-growth economic policies by this administration which has raised the rates of every major federal tax instead of cutting them like Kennedy and Reagan did to reverse the trend. Look at the ballooned Federal Debt next time you vote.