It’s a daunting task to find a job these days and graduates all across the country are finding themselves unemployed. With student loans and credit card debt, some graduates are finding that it is very hard to make due. While these eager young adults may be qualified, there is simply not enough jobs to meet the needs of the unemployed population. To add to the grind, formerly employed adults all over the country are joining the unemployment pool.
With the economy still struggling to recover from the crash of 2008, many employers lack the financial stability to take on more employment. This is a problem that was feared when the economy first took a down turn and was shortly realized thereafter. Since then, the government has spent time and money to try and improve the situation but due to the steep task the unemployment rate continues to stay high.
In the past, many students would have looked into graduate school during a down market but lack of money and financial aid has hindered their ability. Without aid, many young adults look to their parents or guardians for financial support but the recession has effected everyone and many are finding that this option is also quickly closing.