41% of college grads overqualified for what they do
More than 4 out of 10 recent graduates say they are stuck in jobs that don't required a college degree.
May 1st, 2013
01:49 PM ET

41% of college grads overqualified for what they do

By Chris Isidore, CNNMoney

(CNN) - A survey out Tuesday found that 41% of college graduates from the last two years are stuck in jobs that don't require a degree.

Consulting firm Accenture talked to 1,005 students who graduated from college in 2011 and 2012 and haven't returned to graduate school. In addition to those who are underemployed, 11% said they are unemployed, with 7% reporting they haven't had a job since graduating.

The lack of job options in their chosen fields are weighing grads down, as nearly half of the recent graduates believe they would fare better in the job market if they'd pursued a different major.

Nearly two-thirds of those surveyed said they would need additional training in order to start their chosen career, with 42% saying they expect to go to graduate school. That's a sharp change in thinking from those still in school: A separate survey by Accenture found that only 18% of the class of 2013 expects to need graduate school.

It will likely be much higher, as job prospects are grim for the class of 2013. The unemployment rate remains stubbornly high at 7.6%, and recent graduates fare even worse, according to the Labor Department.

Read the full story from CNNMoney

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soundoff (3 Responses)
  1. Katelyn

    It is unfair that students take classes for a certain job but can't find one in that field.

    May 2, 2013 at 3:41 pm |
  2. Marissa

    They need to make more jobs available for people who have a degree, so that way their hard work will not be entirely wasted.

    May 2, 2013 at 3:24 pm |
  3. Marissa

    Student get degrees so they can get a good job, so why not make more jobs that require a degree?

    May 2, 2013 at 3:23 pm |