Remix.run Logo
rootusrootus 4 days ago

> Major school's CS grads are finding jobs upon graduation at an 11% rate

That number makes me very skeptical, even in 2026. Maybe what you are saying is that the unemployment figure is 11%? That would be pretty bad compared to two years ago, but within the realm of plausible if we were seeing a major upset in the employment market.

E.g. 2024 data: https://www.newyorkfed.org/research/college-labor-market#--:...

mcmcmc 4 days ago | parent | next [-]

I'd interpret that as 11% of CS grads are finding appropriate jobs (not underemployment) within a set amount of time after graduation. That data from the fed includes all people aged 22-27 with a bachelor's degree.

Where that number is coming from, or what that time frame would be I'm not sure. But I do think it would be more interesting to see the amount of time recent grads spent unemployed or underemployed vs a presumptive snapshot of current employment state.

ryandrake 4 days ago | parent [-]

That's the way I interpreted it, too. A CS grad working at Home Depot stocking shelves or an accounting grad working at Starbucks would not count toward unemployment figures, but it's probably not what anyone would consider a properly-employed college graduate.

Sample size of <10, but a lot of my friends are at the age where their kids are graduating from undergrad recently, and pretty much zero of them are working in their field, and many are struggling to find anything at all, even retail or bartending.

rootusrootus 4 days ago | parent [-]

> probably not what anyone would consider a properly-employed college graduate

Agreed, but wouldn't that be captured as 'under employment'? The stats are there for that, too, seems to be close to 20%.

ryandrake 4 days ago | parent [-]

Yea, I'd call that underemployed. Does that mean 80% of recent college grads are employed in their area of study? I would be shocked if that were true.

mcmcmc 4 days ago | parent | next [-]

Underemployment in the Fed’s data is defined as working any job where at least 50% of people in the job field say you don’t need a college degree. So 80% of recent grads are working in jobs where the perception is you need a degree. Which with the insane requirements for entry level jobs could still be underemployment from a practical perspective

UncleMeat 4 days ago | parent | prev [-]

It means that they are employed in a position that requires a college degree.

computably 4 days ago | parent | prev | next [-]

The census data you linked lists unemployment and underemployment for graduates aged 22-27. Assuming nontraditional graduates are a relatively small minority, that's a 5 year window after graduation.

I would find it believable, though not interesting, for only 11% of CS grads to have a local-median-pay, CS-related job locked in at graduation.

Ancalagon 4 days ago | parent | prev [-]

defunding education systems strikes again