5 ms·

What's scary is that in 2004 and 2005 less than 50% of these people got jobs by the time they graduated college and the economy has never picked them up. We're

• M8 11y ago
  Sometimes there is just a surplus of people. Besides, 50% of graduates being hireable sounds just about right.
  • eru 11y ago
    Depending on the school of economics you subscribe to, there should never be a surplus of people. I mean, just go outside and have a look at the streets: if you don't live in Singapore, there's plenty of work to do even just cleaning them up. We could pay people to do that.
    • thewarrior 11y ago
      Ah the Keynesian solution of paying half the unemployed to dig ditches and then pay the other half to fill them up.
      • M8 11y ago
        That kind of "employment" already exists - known as 'social work'.
      • eru 11y ago
        You could let them actually do some useful work, too.