Doug's Blog

Kristy and Katie Barry have applied for 150 jobs since graduating Rutgers University 17 months ago. It’s a familiar story for recent graduates, though I wonder how much the fact that they both have journalism degrees has added to the long wait for a job.

Good kids who went to good schools, the brassy, effervescent Barry twins, 24, always envisioned their young adulthood in New York City as a lush time of stimulating work, picturesque travel and a rich social orbit. But they graduated into a downbeat nightmare of a job market. According to an analysis of government data by the Economic Policy Institute, the unemployment rate for college graduates under 27 so far this year averaged 7.1 percent, nearly double what it was in 2007 and the highest yearly average in the 30 years this data point has been tracked.

And so Kristy and Katie and most of their friends are forever hunting for jobs, both mundane interim work to sustain them and long-term positions that could mean a career. Many days, it is as if they are stalking something on the endangered species list.