There are thousands of students who graduate from university or college with good grades with the hope of getting good jobs so as to become independent as well as sustain them. However, that is not the case since out of these thousands of students, only a few get the chance to get the good jobs that are available in the market. …
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However, that is not the case for a large number of students who clear from college or university as hopefuls. There are a number of attributes that have contributed to this job decreasing trend, the major one being the global economy. The global economy in most countries had taken a turn for the worse and in some instances, some nations’ economies have become worst where the labour market has been completely affected and there are no jobs that come by easily. A good example is the USA; over the past few years the economy has been affected by a variety of events such as financing of US soldiers to different parts of the world in a bid to propagate peace, interest accumulations from debts and the changing trends of the global economy in terms of access to energy and natural resources. The extent to which the labour market has been affected is not reversible. This is due to the reason that more and more graduates are completing school and falling into the same problem. Additionally, a majority of graduates who graduated almost two years ago are still looking for their preferred jobs. Even those who manage to get their first job out of campus still do not get satisfied with the salaries scale. In a 2009 to 2010 study that was conducted based on the salaries that fresh graduates received after a four year college course, it was realized that on an annual scale, a majority of these graduates earn approximately $ 27,000. When compared to the same survey that was conducted in 2006 to 2008, there was a $ 3,000 decline (Rampell, 2013, p. 175).
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