Obamanomics in Action: 260,000 College Graduates in Minimum Wage Jobs

The number of minimum wage workers with college degrees is still more than double what it was during the Bush years.
260,000 graduates in minimum wage jobs
If you thought paying tens of thousands of dollars for a college education guaranteed a high-paying job, think again.

Obamanomics in action…
260,000 college graduates are stuck in minimum wage jobs.
FOX 2 News reported:

If you thought paying tens of thousands of dollars for a college education guaranteed a high-paying job, think again.

About 260,000 people who had a college or professional degree made at or below the federal minimum wage of $7.25 per hour last year, according to the Bureau of Labor Statistics.

Things may be looking up a little, though — it’s the smallest number since 2008. The worst year was 2010, when the number skyrocketed to 327,000.

Despite the recent improvement, the number of workers with college degrees is still more than double what it was in 2005, prior to the Great Recession.

Hat Tip Ed Big Con

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