In 2019, for the first time in 30 years, the unemployment rate for young college graduates exceeded that of the general population, and about 41 percent of recent college graduates — and 33.8 percent of all college graduates — are underemployed in that they are working in jobs that don’t require a college degree according to new data from the Federal Reserve Bank of New York.
Why? Because a college degree alone, an internship alone, or a certificate or badge alone does not prepare students to have a career. In a dynamic market, the ability to learn in real time and immediately apply that knowledge is what employers are hiring.
A student who takes what Gartner Consulting refers to as a dynamic skills approach that includes a college degree combined with a portfolio of real time skill development will be a top hire.