(Bloomberg) College Graduates Struggle to Find Employment Worth a Degree

This year’s college graduates will have to be more creative to land a job they want.

The unemployment rate for college graduates ages 22 to 27 fell to 5.6 percent in 2013 from 6.4 percent at the recession’s peak in 2009. Among 22-year-old degree holders who found jobs in the past three years, more than half were in roles not requiring a college diploma, said John Schmitt, a labor economist for the Center for Economic and Policy Research in Washington.

Many graduates have traveled nontraditional pathways to find employment in their desired fields. Rory Molleda, 22, started an unpaid internship at Washington’s D.C. United soccer team a week after finishing Guilford College in Greensboro, North Carolina, a year ago.

Forty job applications later, he networked his way to a paid position at another company that wasn’t exactly what he wanted. In January, he landed his “dream job” as a team operations coordinator for D.C. United and said he feels lucky.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Corporations/Corporate Life, Economy, Education, Labor/Labor Unions/Labor Market, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, Young Adults