Congratulations, Graduates, Or Should I Say Condolences?
Recessionary Job Losses in Post-WWII Downturns, click to embiggen (image: Calculated Risk)
Tomorrow is May 1, and college graduation season is almost upon us. Seniors everywhere are writing their last papers, taking their last exams, and preparing for the end of their college careers.
And probably crying about the employment situation. College placement officers might as well be grief counselors.
For the last three years, the unemployment picture has been Ugly with a capital U. Those who doubt this need
