For Immediate Release: Wednesday, August 31, 2011
Contact: Phoebe Silag or Karen Conner, email@example.com 202-775-8810
New college grads losing ground on wages
Since 2000, America’s young college graduates have seen wages, adjusted for inflation, deteriorate. Today’s Snapshot tracks the average inflation-adjusted hourly wage for young college graduates with no advanced degree from 1979 to 2010. Now, with unemployment expected to remain above 8% well into 2014, it will likely be many years before young college graduates — or any workers — see substantial wage growth.