ERIC Number: ED100252
Record Type: RIE
Publication Date: 1974-Oct
Reference Count: 0
Employment of Recent College Graduates, October 1972. Special Labor Force Report No. 169.
Young, Anne M.
Unprecedented numbers of young college graduates entered the labor force in the late 1960's and early 1970's. At the same time, there was a slackening in the demand for professional workers in several sectors of the economy, such as research and development and education, which have traditionally provided employment for new degree recipients. This article reports on the methods by which recent graduates looked for jobs, the relationship of their major fields of study, their earnings, and their assessment of the career potential of their jobs. The study covers the 873,000 persons in the civilian noninstitutional population who completed the requirements for baccalaureate, first professional, and advanced degrees in the year ended June 1972 and who were not enrolled full-time in a college or university in October 1972. A majority of the graduates were under age 25, male, and married. Only about 4 percent were black, a number too small to make statistically reliable comparisons with other groups. Overall, men had a higher labor force participation rate than women. There was virtually no difference in the labor force participation rates of graduates when grouped by major field of study: those in business or commerce--most of whom were men--had a slightly higher rate than those in humanities. Supplementary tables and the survey questionnaire are included in the appendixes. (Author/PG)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Bureau of Labor Statistics (DOL), Washington, DC.