WellesleyWeston Magazine

SUMMER 2015

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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92 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 Recent College Graduates College Graduates Part-time employment > a growing trend The growth of part-time employment (defined by the US Bureau of Labor Statistics as working fewer than 35 hours a week) is another trend the authors document for all college graduates. Since the 2008 Great Recession, part-time employment has increased at a higher rate for recent college graduates. 1990 92 94 96 98 00 02 04 06 08 10 12 Share of Underemployed Graduates Working Part-Time SOURCES: US Census Bureau and US Bureau of Labor Statistics, Current Population Survey, March Supplement; US Department of Labor, O*NET. NOTES: College graduates are those aged 22 to 65 with a bachelor's degree or higher; recent college graduates are those aged 22 to 27 with a bachelor's degree or higher. All figures exclude those currently enrolled in school. Shaded areas indicate periods designated recessions by the National Bureau of Economic Research. Percent 30 25 20 15 10 5 0

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