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Thursday, April 26, 2012

''US college grads confront the dead end of the profit system''

From WSWS

"Amid endless claims of economic recovery by the Obama administration and the media, the conditions facing the working class in the United States continue to deteriorate. This is seen nowhere more clearly than in the fate of young people, who confront a future of unemployment, low-paying jobs and perpetual debt.

The Associated Press reported Sunday that more than half (53.6 percent) of all four-year college graduates under 25 in the US are either unemployed or underemployed—that is, without a job or working at a job that does not require their degree. This is the highest percentage since records began being kept 11 years ago."

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