40 percent of new college graduates in Korea can’t find jobs

..South Korea got a higher % of its young people to go to college than the U.S. But it’s not all good!….

Although “great numbers of eager students graduate from college every year,” “the problem is that many of them can’t find work to match with their education. The government now wants to lower the number of students going to college.” Obama wants to increase the percentage of youngsters going to college in the U.S., based on the theory that this will somehow result in more skilled jobs, but look at Korea…..! “the idea that supply creates its own demand with regard to education is mistaken.

40 percent of new college graduates can’t find jobs (even though Korea has had healthy economic growth recently, although less so than in the past).

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Default Prevention Specialist since 1998.
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