The class of ’13 has no luck at all.
As the graduates take to the streets with their six-month grace periods before their student loan debt bills begin arriving, they face a horrific job market.
“At 16.2 percent, the March 2013 unemployment rate of workers under age 25 was [roughly] twice as high as the national average,” in the words of a recent report on young people entering the work force.
Young people starting out are normally at a disadvantage because they are trying to establish themselves in a profession.