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sc94597 said:
overman1 said:

 alot of my friends who are just as educated as I am and still need a second sometimes third jobs to keep themselves and family afloat. 

When you say, "just as educated" you mean in the same field right? The problem with today's graudates is that they don't specialize in fields that have demand. Unless you subscribe to the labor theory of value (solely) the value of goods or services is not determined by the amount of labor put into producing them, but also (or solely) by the subjective value they hold in the eyes of others. So it makes perfect sense, for those who don't subscribe to such a theory, that some people who work just as hard don't succeed as easily.

Not entire true...

First it is very hard to tell when a certain field is open for your knowledge nowadays. Unless you pick a very stable job like Doctor etc. you can be so sure about your field anymore, the free market now flutuates like hell.

Secondly, I have friends with Masters in Law, Computer Science, Physics, Biology and even Education but thety still cant find work. Unless they wouldnt might downgrading. The other problem is too many people are doing the same courses. the work section for certain jobs have shrink severely and these sectors are overmanned. Could they do something else? yes, would it pay as much as they would have if they got a job they studied for? No.

there are more collage graduate now than ever but yet many are still unemployed.