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Author Topic: New college grads are having their job offers rescinded—now they’re in .....  (Read 55 times)

Offline EB

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New college grads are having their job offers rescinded—now they’re in ‘survival mode’
Published Fri, May 22 2020  12:21 PM EDT

Abigail Hess

The class of 2020 has become known as the class of COVID-19. Because of the coronavirus pandemic, these students have been forced to cut their college careers short, give up traditional graduation ceremonies and begin their professional careers during the most hostile labor market since the Great Depression.

Many have also had their first full-time job offers revoked.

“This is much worse than the Great Recession. Over the entire Great Recession I think maybe 8.5, 9 million jobs were lost over the course of a 5-year period. Between February and April, the United States lost 21.5 million payroll jobs,” says Gary Burtless, senior fellow at the Brookings Institution. “And so now, people graduating this spring are going to face the worst job market in the entire post-depression history.”

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Offline y04185

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Not surprised. 
Fayetteville State by choice. Bronco by the Grace of GOD.

Offline Neymar

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IBM laid off so many people, including new grads.

Some of the most arrogant people there in Atlanta were shown the door this week. They had to know it was coming. IBM lays off in the best of times, much less during a pandemic.


Mamba blood forever.

Offline Strike79

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 :no:.......this whole situation has been an economic nightmare, yet we still have this FOOL in the White House floundering about without a CLUE about how to right the ship.

God help us.  :(

Offline y04185

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:no:.......this whole situation has been an economic nightmare, yet we still have this FOOL in the White House floundering about without a CLUE about how to right the ship.

God help us.  :(

Your man crush on your president, Donald John Trump, is disturbing.
Fayetteville State by choice. Bronco by the Grace of GOD.

 

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