52% of recent college grads are overqualified for the job they have

[davidn3600]

Overqualified: 52% of recent grads are in jobs where a college degree is not required. Colas calls this the "most startling" new problem, and says it clearly leads to high job dissatisfaction, which itself leads to other problems.

Job Hunting at Work: Almost one in three recent grads admit to looking for a new job while on the clock at their current job. "While they're at work doing job A, they're looking for job B," he says.

Huge Pay Cuts: Despite ever increasing average tuition costs for a four-year degree ($63,000 public, $130,000 private), the pay-out when the cap and gown comes off is actually going down. In fact, Colas says recent grads now earn about $3,200 less today than they did in 2000. "It's much less, up to 30% less in many cases," he says.

http://finance.yahoo.com/blogs/breakout/job-market-faces-problem-hitting-one-unlucky-group-155045271.html

[SoCalDem]

1. My son is interviewing people for some jobs he needs to fill

Some of the applicants were making as much as $80K as recently as 2010.. The jobs he needs to fill are entry-level $15hr maintenance jobs..

[Lugnut]

2. My daughter is one of them. n/t

[JimDandy]

3. It used to be if you were over qualified you didn't get the job.

Now with employers weeding people out by hiring only people ith BAs, we have millions of over qualified people working in sales, call centers, retail and fast food.