While joblessness among recent college graduates is finally on the decline, the problem of "underemployment" seems to be on the rise: Think the young, overeducated barista working at your local coffee shop. Underemployment — that is, a college grad working in a job that doesn't require a college degree — is higher today than it has been at any other point in the 21st century, The Atlantic reports, and the number of "non-college" jobs opening up for newly minted adults is rising at a faster rate than jobs that require higher education.
A large gap has opened between those with humanities degrees and those with STEM training. Underemployment afflicts more than 50 percent of college graduates with majors in history, communications, political science, and philosophy, according to the Federal Reserve Bank of New York. Graduates with degrees in math, science, and engineering typically have much better job prospects and starting salaries.
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