Over the next few weeks, hundreds of thousands of Millennials will graduate from institutions of higher learning. They will celebrate for several days, perhaps several weeks. Then they will enter a labor force that neither wants nor needs them. They will enter an economy where roughly 17% of people aged 20 through 24 do not have a job, and where two million college graduates are unemployed. They will enter a world where they will compete tooth and nail for jobs as waitresses, pizza delivery men, file clerks, bouncers, trainee busboys, assistant baristas, interns at bodegas.Read the whole thing here.
To clarify: the title is excerpted from Act 1 of Shakespeare's Love's Labour's Lost. The full quote goes: "Light, seeking light, doth light of light beguile; So ere you find where light in darkness lies, Your light grows dark by losing of your eyes." It's a warning against spending too much of your life in scholarly pursuits.
Day By Day
Tuesday, May 18, 2010
Queenan Strikes Again
Joe Queenan has some funny, but depressing news for recent college grads.
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