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How to increase your employability as a college graduate? or more importantly, how do you get a degree-requiring job immediately after graduation? Graduating from college is an exciting milestone, marking the end of an academic journey and the beginning of a new chapter in life. For many, this new chapter involves entering the workforce and securing a job that aligns with their career goals. However, the transition from college to the professional world can be daunting and fraught with challenges. This article helps with getting a job immediately after graduation and includes important advice for getting higher paying jobs. It explores the difficulties faced by recent graduates in the job market and offers practical advice to help young professionals overcome these hurdles and emerge victorious. We emphasize the critical importance of finding a job that requires a degree before the age of 28.
One of the most significant challenges for recent graduates is the highly competitive job market. With more students obtaining degrees than ever before, the number of candidates vying for entry-level positions has increased dramatically. This saturation can make it difficult for individuals to stand out among their peers, especially in fields with a high supply of graduates and a relatively low demand for new employees.
A large frustration among recent graduates is the "experience paradox." Entry-level jobs require prior experience that new graduates lack. The Abundant University by Micheal D. Smith argues that the traditional education from universities is failing their graduates. Indeed, an article from Harvard Business Review states:
... Americans who graduated from a two-year/community or four-year college in the past five years found that nearly one in five (19%) reported that their college education experience did not provide them with the skills needed to perform their first post-degree job. Additionally, more than half (53%) of these college graduates have not applied to an entry-level job in their field because they felt unqualified, and nearly half (42%) felt unqualified because they did not have all the skills listed in the job description.”
This paradox creates a vicious cycle with a harsh reality: Graduates cannot gain necessary experience to be considered for a job, and they cannot get experience without the job. In the past, students would work as interns and in many cases did so for free. However, universities understandably took the position that their students should be paid for an internship. Employers would abuse the free or cheap labor by hiring interns and giving them work unrelated to their degree. Post pandemic, students not only lack the experience to apply for jobs, but they also lack a mature perspective of a business
managers reality. Employers with tight budgets cannot hire non-productive employees. Paid interns lacking the experience to work in a position become not only a cost, but a time-consuming burden. Employers must train them to do their job. Once trained, if they become productive, they leave. It is a negative return on investment. Some employers in a recent survey further said that they would not hire anyone younger than 30 to 32 years old. This paradox is magnified with the popular millennial attitude of seeking wealth through easy means. It is a misunderstanding of “the cost of opportunities lost.” The result after graduation for the majority is the status quo. 4 – 6 years of student debt, and jobs with earnings no better than for a high school graduate.
from it. Look for projects that will show you are qualified in the work world. We recommend finding and sticking with one or two employers during your college years. Continue to work more than just over a summer. Further, this may require working for free, at least in the beginning. The right internship may be more impactful to the future of your career as the school you graduate from.
Statistics for finding a job after college show that finding a job that requires a degree before the age of 28 is critical for long-term career
success. A study by the Federal Reserve Bank of New York found that 41% of recent college graduates (under 28) were underemployed, working in jobs that typically do not require a degree. Furthermore, those who are underemployed early in their careers are more likely to remain underemployed in the long term. The same study shows that 32% of graduates stay underemployed throughout their career highlighting the urgency in starting off on the right foot. Even more sobering is the report from the Strada Institue for the Future of Work and Burning Glass Institue cited by Inside Hired Ed. 73% of college graduates that started off in a non-degree required job remain underemployed more than a decade later. The same report cites that over half of graduates are underemployed a year after they graduate. The subject is popular on Reddit. Google “Finding a job after college reddit” and you will see the desperation and disappointment of many graduates who have accumulated debt only to work as a barista or bartender. With rising college costs, most graduates have accumulated more than $38,000 in student loans. Working in a position that does not require a degree typically does not earn as much. This may seem that getting a degree is not worth the risk, however it should also be noted that graduates find it easier to get a job than non-graduates.
The difference in pay between those who find degree-required jobs and those who are underemployed is significant. According to a report by the Georgetown University Center on Education and the Workforce, the median salary for recent graduates in degree-required jobs is about
$43,000, while those who are underemployed earn around $25,000. Over a lifetime, this pay gap can amount to a difference of well over $1 million in earnings.
While technical skills and academic knowledge are essential, employers also place a high value on soft skills such as, critical thinking, communication, teamwork, and problem-solving. Additionally, being familiar with offline software such as Microsoft 360, Adobe Creative Suite, and many other industry specific platforms. In a competitive job market, these skills are often what differentiate one candidate from another.
The job search process may be overwhelming, particularly for those who are new to it. Understanding how to navigate job platforms, company websites, and recruitment agencies is essential for a successful job hunt.
Securing an interview is a significant step in the job search process, but it is only the beginning. Preparing for interviews is crucial to making a positive impression and increasing your chances of receiving a job offer. It is important to note that this can be stressful, and you should not become dismayed if you do not hear back or if you are turned down.
Networking is a powerful tool in the job search process. Building and keeping professional relationships can lead to job opportunities, mentorship, and valuable industry insights. Although you may be young to industry, displaying your eagerness to learn and meet with other like minds can make an impression that will help you win a position led by the captains of your industry.
Colleges and universities often provide resources to help students and alumni with their job search.
The job market is constantly evolving, and staying competitive requires continuous learning and development. This is a trend that is not going away. Keeping your skills up to date and staying a head of the latest industry shifts will make you a more attractive candidate.
Building up a Knowledge Credibility Score (KnoCScore) can significantly improve a college graduate's chances of securing a degree-required job. The KnoCScore is a patents-pending tool designed to assess an individual's knowledge credibility and work ethic within a specific domain. Similar to a credit or FICO score, a higher KnoCScore indicates greater competency and credibility, making graduates more attractive to potential employers.
KnoCScore is a new company with 3 patent applications that provide in-depth coverage of the novel concept. It is not a “feel good” badging system with cheap flashy badges and no real associated cost to reputation nor cheap access to derive income. It is based on solid proven principles that have been in existence for hundreds of years.
If you are a high-school student considering college, this is your best opportunity to start earning knowledge credibility. Start by ensuring organizations are compatible with KNOC Inc. Not all organizations have agreed with the unquestionable third-party ‘Gold-Standard’ that rates all individuals equally based on multiple fact-based variables. However, given the substantial number of underemployed graduates, signing up for KnoCScore will signal, along with your knowledge credibility competitiveness, your pro-activeness and work ethic. As you attend higher learning institutions and as you work, your KnoCScore will build over time much in the same way a FICO or Credit Score would build. The difference is that unlike a FICO score, it is easier to bubble up to the top. This is particularly true in the early days.
If you are a graduate or are already employed, signing-up for KnoCScore will give you opportunities to accelerate your scoring based on what you have already accomplished. Then, by keeping up with KNOC INC, you will get advanced access that will help you stay ahead in your career field.
As an intern, you also have opportunities to increase your KnoCScore. When available, seek employers who have signed up with KnoCScore.
The KnoCScore levels the playing field. Traditionally, as described by Micheal D. Smith in “The Abundant University”, top paying employers would only open positions to the select universities like Harvard Yale and Stanford. This is apparently based on the candidate pools they select from and has a gate keeping effect to opportunities. Thus, opening
the downstream wealth and careers of those who are selected by those institutions. Although these universities may send invitations to thousands of potential student attendees, their intent is to increase their brand placement and standing. It may sound devious; however, it is more about the market than anything else and justifies their prohibitive cost of attendance. Undoubtedly, who you learn from can make a difference in your knowledge, this has more to do with people. Learning from hands on industry experience along with an understanding of theory has always created better understanding. Often it is the individual, not the institution, that makes a difference in the real world. KnoCScore ambiguates unimportant variables such as institutions by looking at the deeper reasons for talented individuals. KnoCScore is about capability. It is a win-win-win: It opens opportunities to formerly filtered out candidates; It deepens potential talent pools for high-quality people who are more interested in working in industry; and it embraces diversity, equity, and inclusion based on an individual’s performance, not based on another individual’s opinion or political interests.
The transition from college to the professional world is filled with challenges, but with the right strategies and mindset, recent graduates can successfully navigate the job market and secure fulfilling careers. By standing out in a competitive job market with a high KnoCScore, overcoming the experience paradox, developing soft skills, effectively navigating the job search process, preparing for interviews, handling rejection, leveraging networking opportunities, utilizing college resources, and committing to continuous learning, young professionals can increase their chances of finding a job that aligns with their goals and aspirations.
Remember, the job search process is a journey, and every step, whether successful or not, brings you closer to your ultimate career destination. Stay persistent, stay positive, and continue to build on your strengths and experiences. The right opportunity is out there, and with determination and effort, you will find it.
Published: 2024-07-08
Author: Lowell (Wolf) Stadelman