Underemployment Rate Hits College Graduates
The article follows Stephenson, a biology bachelor driving a cab, as a case study in college graduates facing underemployment in the 1980s. It cites Bureau of Labor Statistics projections of 140,000 yearly surplus graduates 1980–85, with many working in jobs below their training and high unemployment not fully reflecting the trend. It notes broader hiring cuts, and reports that many graduates accept roles far below their degrees, signaling a future risk to educated workers.
MENTIONED IN THIS ARTICLE
G.G. Labelle
Associated Press
Stephens
Bureau of Labor Statistics
BLS
College Placement Council
Endicott
Labor Statistics Bureau
Saeetatea
Jon Sargent
Jim Stephens
Behrends & Co. hires Leo Heer as vice president in High Point
Leo Heer, former Southern Furniture Market Center general manager and NC General Assembly member, joins Behrends & Co. as vice president. Heer, a key figure in elevating the Southern Market to international stature, earned the 1973 James T. Ryan Award. He serves on the Market Center executive committee and will continue political campaigns and public service in Guilford County.
MENTIONED IN THIS ARTICLE
Leo Heer
Southern Furniture Market Center
North Carolina General Assembly
Behrends & Co
High Point
Heer
James T. Ryan
Southern Furniture Manufacturers Assn
Guilford County
Frances
Louisville
W. Farriss St
Trade Winds Securities Men Fearful Over Federal Deficits
New York traders warn that a ballooning 1975 76 deficit and a rising money supply will strain securities firms and markets. They anticipate large Treasury borrowing, higher short term rates, more individual investor participation, and Fed balance sheet pressure, reflecting prior market fallout.
MENTIONED IN THIS ARTICLE
New York
Treasury
Federal Reserve
Treasury Department
Stock Market Upturn After Four Losses
The stock market rose sharply Friday following four straight declines. The Dow Jones average fell 20.88 for the week, closing at 804.76, while the Associated Press average of 60 stocks dropped 5.6 to end at 253.4.
MENTIONED IN THIS ARTICLE
Dow Jones
Associated Press
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Ray Hubbard
Franchis
Snyder Paper Corp
Charlotte
Hickory
Mystik
Northfield
Ill
Borden Chemical
Borden, Inc
Snyder Paper
South Carolina
Tennessee
Virginia
Center For Management Development
Wake Forest University
Babcock Graduate School .of Management
Winston-Salem
North Carolina Real Estate’ Licensing Board
Federal Reserve Bank
Richmond
Fifth Federal Reserve District
National Association of Securities Dealers
American Furniture
Bankers Trust of
S.C
Bassett Furniture
We Brenner Inds
Branch Corp
Burnup & Sims Burris Inds
Aye
Capri Inc
Capri
Cannon Mills
Carmine Foods Wa
Carolina Cas
Ins
Car. P&l
Caro, Steel Corp
Caro
Wise
Flote Lo Caro Corp
Bank
Central Vermont
Catawbalan
Foodtown Stores
Farmers New World Bra
First Union Corp
Forsyth Bank & Trust
Franklin Life Ins
Geni. Financial Ig
Guardian Cor
de Fiareieen Rubber Co
Heilig Mieyers
Henredon Furn
Hickory Furn
Investment Life& Trust Joey
Justin’ Finds
Nn Kenan Transport
Lance, Inc
Lane Co
Leggett & ‘Platt
Life Assur. of Carp
Little Giant
Little Mist
Lowe's Co
Mack’s
Mom & Pop's
Multimediana
Ncnb Corp
N.C. Natural Gas
Northwest Fin, Corp
AN NoWesth. Fin
Occidental Life Ins
Phillips Fescue
Piedmont Aviation
Piedmont Reit
Va Public Soc.of
N.C
Surly Mills
Rehsite Commbia Reid-Provident Labs
Rex Plastics
Mfg
Salem Carpet
Big Boy WY Tits Sonace
SC Natl, Corp
Sou
Natl. Corp
Spartan Food Sistems
I Super Dollar
Synercon Corp
WM Televent Leasing
Bi Textiles Inc
Thathimer Bros
Wa Transco Cos
Unifi_ Inc
Caro, Baneshi
Va, International
Walker Shoes
Washington Group
West Knitting Corp Aa Wants Pain Co. Ca
Wright ‘Machinery
UNI
Red Bird Cab, Inc
Bas
Highland Motors, Inc
N. Main St
Olds-Cadillac
Robert
C.L.A
Hamilton St. Tel
Integon’ Insurance
Mayflower
Granville Moving
S. Hamilton St
Fred P. Newby
Steve Foster
Craig Newby
NEW York Life
NEW York Life Insurance. CO. P.O
Fon, N.C