Launched in 2005, WellesleyWeston Magazine is a quarterly publication tailored to Wellesley and Weston residents and edited to enrich the experience of living in two of Massachusetts' most desirable communities.
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tively high rates of unemployment are not uncommon among college graduates just beginning their careers, and those rates can be expected to drop considerably by the time the graduates reach their late twen- ties. Moreover, while it appears that the labor market has become more challenging for recent college graduates, it is much worse for young people who do not have a college degree." Underemployment > a red flag The authors also delve into another highly talked about trend, "under- employed" college grads working in low-wage jobs. These college edu- cated baristas, yoga instructors, waiters, and retail clerks are employed in positions that do not require a college degree and that typically pay less than $25,000 a year. Even more enlightening, the authors point to the decline of college graduates working in higher paying health care and skilled trade positions, which they call, "good non-college jobs." These jobs pay an average of $45,000 a year. Think diagnostic medical sonographer, radiation therapist, wind turbine technician, and electrician. Many of these 21st century "trade careers" require problem-solving skills, creativity, and technical knowledge – the reason for the higher compensation. An award-winning book, Shop Class as Soul Craft: An Inquiry Into the Value of Work (The Penguin Press, 2009), questions the prudence of positioning office work as the ultimate reward for college grads and non-college grads alike. The book jacket summarizes the author's perspective: "For those who feel hustled off to college, then to the cubicle, against their own inclinations and natural bents, [this book] seeks to restore the honor of the manual trades as a life worth choosing." 90 W e l l e s l e y W e s t o n M a g a z i n e | s u m m e r 2 0 1 5 Landing that Elusive First Job M E D I A B A K E R Y "Since the 2008 Great Recession, part-time employment has increased at a higher rate for recent college graduates."