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March 28, 2011

SO IS THIS THE HOPE, OR THE CHANGE? College Graduates And The Terrible Labor Market: “This is a cohort with mobility, fresh college degrees, low health care costs, low wage rigidity, etc. etc. I don’t put the flashlight here to ignore the pain that those without college degrees have in this economy. But if young people with college degrees can’t survive in the post-recession era, nobody can. . . . Unfortunately, the recession’s effect is not limited just to the initial job search and wages. The negative impact persists far beyond that.”

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