Is it normal to be unemployed after graduation?

Out of work and desperate: Here’s what college graduates are facing and what they can do about it. Almost a year after college graduation, 45\% of the class of 2020 are still looking for work, according to a survey from career website Monster.

How many graduates are not getting jobs when they graduate?

A recent survey of 1,000 recent and impending U.S. college graduates by employment site Monster shows about 45\% of 2020 grads are still looking for a job. An analysis of federal labor data from the fall by the Pew Research Center also found about 31\% of grads were still unemployed.

Is 3 months too long to be unemployed?

While being unemployed for 3 months can sometimes seem like an eternity, the research suggests that many job seekers won’t experience any disadvantage from that status that will reflect poorly. This is apparently especially true for jobs that don’t require a great deal of specialized skills.

Can you live on an unemployment budget after graduation?

Being unemployed after graduation can make creating a fairly strict budget a necessity, but it can also be a blessing. Many people get used to the stricter unemployment budget and can continue to live on it once they land their first job.

What to do if you’re involuntarily unemployed after college?

Money is the biggest stressor if you’re involuntarily unemployed after college or graduate school. There are two ways of dealing with it: Reduce expenses or increase income. Let’s start by addressing the former with four strategies: 1. Live at home 2. Create a budget 3. Research cheap cities to live 4. Put student loans on hold 1. Live at home

How to survive the financial stress of being unemployed after graduation?

The other half of surviving the financial stress of being unemployed after graduation is finding a way to increase your income, even if you have not yet landed a permanent job. Unlike trimming expenses, which will only get you so far, your income is theoretically limitless.

Why is attitude important for unemployed college graduates?

Attitude is important for unemployed college graduates. One of the hardest parts of dealing with student loans and unemployment is staying positive. Having a negative outlook can affect your job search, and feeling down about your job situation is something that potential employers can pick up on.