A Diploma Is No Guarantee Of A Good Job, Or Any Job. - KALB-TV News Channel 5 & CBS 2

A Diploma Is No Guarantee Of A Good Job, Or Any Job.

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Having a college degree doesn't guarantee you a high-paying job.

About 260-thousand graduates made at or less than the federal minimum wage of $7.25 per last year. That's according to the Bureau of Labor Statistics. It's the lowest number since 2008.

The worst year was 2010, when the number skyrocketed to 327-thousand. Experts blame the post-recession labor market for the number of college grads stuck in low paying jobs.

But things may be looking up. A total of 21 states, including New Jersey, New York and Connecticut have approved raising the minimum wage.


 

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