- 5,940
- 22
- Joined
- Jan 4, 2008
How long have you been searching?
Posted by Rightguard in the DMV forum:
Posted by Rightguard in the DMV forum:
Graduation Day. Will
They Find Jobs?
Updated: Sunday, 10 May 2009, 8:24 PM EDT
Published : Saturday, 09 May 2009, 8:19 PM EDT
WASHINGTON (AP) - It's that time of the year again. Students all over the country are walking across the stage to pick up their diploma.
They might have a degree, but what about a job? On Saturday morning, at American University in Washington, DC students seemed concerned, but optimistic about finding employment.
Representative Barney Frank of Massachusetts, was the guest speaker at the ceremony. He said he understands the concerns students have these days, but advised them to look long term.
The economy lost another 539,000 jobs in April, bumping the unemployment rate up to 8.9 percent, the highest in 26 years, according to the Labor Department report released Friday.
That figure already exceeds assumptions made by Obama's economic advisers when they pushed for a $787 billion stimulus package -- a measure that they said would be critical in reviving the slumping economy.