Young people coming out of school often need a couple of years to get a foothold in the labor market, and then you start to see their unemployment and underemployment numbers come down.
The unemployment rate for young college graduates exceeds that of the general population, and about 41 percent of recent college graduates, and 33.8 percent of all college graduates, are underemployed in that they are working in jobs that don't require a college degree, according to new data from the Federal Reserve Bank of New York.
