Tuesday, November 24, 2015

Growing proportion of university grads overqualified for their jobs: study - ANDY BLATCHFORD, Globe and Mail

A growing proportion of recent university graduates – as much as 40 per cent – face the potential frustration of being overqualified for their jobs, a new report has revealed. An analysis, released Thursday by the federal parliamentary budget office, also found the rate of young graduates holding down jobs that match their education level had dropped. The report warned that these numbers can have real-life consequences for the job market. “There are costs associated with a rising number of overqualified workers,” the budget watchdog said. “These workers may face lower levels of job satisfaction and attachment, which could increase turnover rates for employers.” http://www.theglobeandmail.com/news/national/growing-proportion-of-recent-university-grads-overqualified-for-their-jobs-study/article27229699/