Brent Kramer, PhD, Senior Economist
August 3, 2017
ALBANY, New York – In today’s post-Great Recession environment, student loan debt has reached all-time highs, and more young adults are living at home longer, and are unable to purchase homes, cars, and other assets because of persistent unemployment or underemployment. Many young would-be workers are forgoing the job market altogether, and returning to school or taking unpaid internships in hopes of breaking into their respective fields.
Eight years after the Great Recession, college graduates looking to enter the workforce after college are asking about the job market prospects throughout New York State. How many young workers are unemployed or underemployed? What kind of incomes are they earning?
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