A trend that many have suspected to be on the rise – including college graduates – has been confirmed in a recent survey regarding employment rates among young people. An online survey from PayScale.com conducted between July 2011 and July 2012, showed that 63 percent of young people between the ages of 18 and 29 have a bachelor’s degree, however, are often forced to take jobs that don’t require one.

The survey included input from nearly 500,000 young workers, and only further suggested that a four-year college degree doesn’t mean as much as it used to when it comes to securing a job.

As reported by MarketWatch, a similar survey conducted by Rutgers University saw similar conclusions. They found that nearly half of young people who have graduated in the last five years say their jobs don’t require a four-year degree, and only 20 percent said their first job was actually in their desired career field.

Cliff Zukin, a professor of political science and public policy at Rutgers, told MarketWatch that these findings paint a grim picture of employment for recent college grads, saying, “Our society’s most talented people are unable to find a job that gives them a decent income.” Read the rest of this entry »