LAS VEGAS–(Reuters) – Fewer than half of people seeking a bachelor’s degree in the United States believe they will be able to find a job in the future, a Reuters/Ipsos poll found, with a growing number of graduates fearful of losing their jobs if they want to study in the state.
The survey also showed that, even though the U.S. economy is slowing, most young people believe they are well prepared to get ahead in the global economy, the survey showed.
But with a $2.4 trillion national debt, growing unemployment, and a weak job market, many millennials fear that if they don’t succeed in their careers, they won’t be able even to secure a comfortable retirement.
The Lone Star state is facing its worst recession since the Great Depression, but its unemployment rate is still higher than it was in the early 1980s and the state is still struggling with its own recession.
The state’s median household income has dropped to $54,000, its lowest since 1999.
In addition, the state has not produced a single high-skilled job for more than 10 years.
The unemployment rate stands at 6.1 percent, slightly below the national average of 8.3 percent.
The poll of 1,000 people was conducted by Ipsos from March 15 to May 3 and has a credibility interval of plus or minus 3.5 percentage points.(Reporting by Julia Harte; Editing by Bill Trott and Michael Perry)