Reality Slaps College Graduates In The Face
The job market is booming for young people – but not those with college degrees. Are employers finally coming to realize that colleges these days mainly produce coddled, know-nothing, whiny, entitled brats?
A recent analysis from Burning Glass Institute found that unemployment among those 22-34 years old without a college degree is lower than it’s been in decades, but those with college diplomas are having a much harder time finding work than before.
“For most of the past two decades, the two groups largely tracked each other, in good economic times and bad, the Wall Street Journal reported. “Now, though, just as job hunters without degrees are having one of their best runs, those with college educations are having one of their worst.”
The Journal says that AI is contributing to this unprecedented education divergence in job prospects, because companies are replacing entry-level white-collar jobs with AI just as colleges churn out more graduates than ever. At the same time, the shortage of skilled workers is making it hard to replace the many who are now retiring.
There clearly is a mismatch. But this isn’t exactly new. The oversupply of college graduates and lack of skilled workers has been a long-time problem. Former “Cheers” star John Ratzenberger, for example, has been raising the alarm about skilled worker shortages for decades.
So why is it affecting employment opportunities now?
Here’s a clue.
A Columbia University professor recently won a national book award for a volume arguing that white paint is racist. We kid you not.
“I discovered numerous examples of the way that it figured into systems of erasure, exclusion, violence, and the masking of power in the social and natural world,” said author Wendy Walters.
