Max King of the Wild said: and for good measure to provide what you asked for http://usatoday30.usatoday.com/news/health/2007-01-07-jacinto-choice_x.htm A medical doctor coming to US to become a nurse. Why? Because MD's don't make as much in the Philippines as nurses do in the US "He estimates that in the last five years, 9,000 Filipino doctors — out of about 56,000 — have retrained as nurses, and 5,000 have since gone abroad." However, as I look online at nurses salary I'm surprised that they are reporting them at over 50k starting. Which I'm surprised to see from a 2 year degree with lots of people in nursing. I would expect it to be lower. No matter though considering some of those people are also just technicians which require a certificate and make as much as janitors |
That isn't surprising, but a doctor becoming a nurse is still not the same as a PHD becoming a janitor ...
I know there is a problem in Canada because of how our immigration system works that a lot of highly educated people come to the country and then their degrees are not recognized, but this isn't the major source of underemployment.
http://www.theatlantic.com/business/archive/2012/04/53-of-recent-college-grads-are-jobless-or-underemployed-how/256237/
About 1.5 million, or 53.6 percent, of bachelor's degree-holders under the age of 25 last year were jobless or underemployed, the highest share in at least 11 years. In 2000, the share was at a low of 41 percent, before the dot-com bust erased job gains for college graduates in the telecommunications and IT fields.
Out of the 1.5 million who languished in the job market, about half were underemployed, an increase from the previous year.
While there are (obviously) people in these statistics who graduated in the last 6 months, the majority of these new graduates would (probably) come from graduating classes in 2010 and 2009. For recent graduates who didn't get a "real" job in their first year, it becomes increasingly difficult to get that entry level job as time goes on and they're (effectively) trapped in their low level job.