Graduates Returning Home Empty Handed

September 23, 2009

With the economy being at a low point, the job market is suffering. Open jobs are being flooded with resumes and some jobs are being cut from companies all together.

More parents may be shouldering the financial burden of a jobless grad. According to the National Associates of Colleges and Employers, employers will be hiring 22% less graduates from 2009 than they hired in 2008.

A survey by ehealthinsurance revealed that 62% of new grads would rather move home then go without health insurance.

The survey also tracked what grads would get rid of first to save more. The top three results were magazine subscriptions with 72%, eating out at 69%, and gym memberships at 63%. Check out some tips for saving!

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