Good news for college grads.

The Chronicle of Higher Education reports.

Fewer Good Jobs for College Grads? Not So, Says New Study

The emerging conventional wisdom is that America’s post-recession recovery was dominated by the rise of low-paying, part-time service jobs. But a new analysis challenges that narrative, finding that 2.9 million of the 6.6 million jobs added in the recovery were “good jobs” providing high pay and, in many cases, benefits.

That’s the core finding of “Good Jobs Are Back: College Graduates Are First in Line,” a new report from Georgetown University’s Center on Education and the Workforce. It means that “the economy worked the way it’s supposed to,” said Anthony P. Carnevale, the center’s director and the report’s lead author.

That’s not to say that the recovery has been perfect or that everyone is doing all right. But a recovery tilted toward good jobs fits what economists would expect to see given the economy’s structural shift to higher-skilled jobs and a pattern where more-skilled workers are last to lose jobs in a recession and first to regain them in a recovery, Mr. Carnevale said.

Let’s take a closer look at what the report has to say, and what it can tell us about the job market for college graduates:


 
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