Delayed Launch: How (and Why) to Postpone Your Job Market Debut

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College graduation
AP
College is out and, for millions of newly minted graduates, it's time to get a job. While the job market has recovered from its lowest recessionary levels, more than 11 percent of recent grads remain unemployed and almost 50 percent are underemployed. Worse yet, as a National Bureau of Economic Research study reveals, people who enter the job market when salaries are low can take 10 years or more to catch up to where they would have been if they had entered during a hotter period.

Under the circumstances, it isn't hard to see why some people want to hold off on entering the job market; after all, the decision to wait a few years in order to start work when salaries are higher can have a major payoff, especially for people who use their time productively. With that in mind, here are a few great ways to delay launch -- and a few important things to consider when deciding on your next move.



Bruce Watson is DailyFinance's Savings editor. You can reach him by e-mail at bruce.watson@teamaol.com, or follow him on Twitter at @bruce1971.

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setanta54s_back

so exactly what are they sayin here ?
and would this also mean that these ADULTS continue to sponge off their parents ?

May 12 2013 at 11:25 PM Report abuse rate up rate down Reply
Iselin007

They tried post poning every Americans job search by hiding the job adds from US citizens an notifying the visa and undocumented workers that they had job openings.

May 12 2013 at 6:04 PM Report abuse +1 rate up rate down Reply
Iselin007

We seen enough and heard enough crap hope and change to fill every crater on the moon! this isn't a recovery it's a scam on all US born.

May 12 2013 at 5:56 PM Report abuse rate up rate down Reply
Iselin007

We may not see a recovery but these other generations are going to riot before they end up outsourced like we were.

May 12 2013 at 5:53 PM Report abuse rate up rate down Reply
1 reply to Iselin007's comment
setanta54s_back

riot ?
they're so dumbed down or sedated they wouldn't fight back over a thing.
rent-a-mob handles the activities.

May 12 2013 at 11:27 PM Report abuse rate up rate down Reply
Iselin007

The factory workers in their 40's were screwed over a decade ago with the outsourcing now their working on screwing every generation!

May 12 2013 at 5:49 PM Report abuse rate up rate down Reply
shidelera5

This is about the dumbest thing I have read - your degree is only good for about 2 years. If you have not found a good job after 2 years of graduation, you most likely wont. You should really have some job offers before graduation and have good references from quality internships. You better no be too picky, because companys can always hire people form india and china to do the job for way less!

May 11 2013 at 11:09 PM Report abuse +3 rate up rate down Reply
1 reply to shidelera5's comment
Iselin007

Jobs seldom last before some ghetto manager goes around firing the older Americans so his buds from the ghetto can get your job.

May 12 2013 at 5:58 PM Report abuse rate up rate down Reply
a_girl34

This failed to explain the AmeriCorps program properly. There are a ton of different programs, and you apply for the job you want to do, you are not randomly assigned one. You can absolutely get experience related to what you want to do. I know engineering students who are spending a year working with an architect firm through AmeriCorps. Of course, that's rare, but just saying it can happen. I want to work in development for a nonprofit, and AmeriCorps is absolutely giving me a chance to start a career.

May 11 2013 at 7:20 PM Report abuse rate up rate down Reply
1 reply to a_girl34's comment
shidelera5

AmeriCorps is for disadvantage people on welfare - not college grads !

May 11 2013 at 11:06 PM Report abuse +1 rate up rate down Reply
janeswizzle

Suddenly Mom's Basement looks real appealing. Don't worry grads, Mr. Obama will still give you food stamps.

May 11 2013 at 2:49 PM Report abuse rate up rate down Reply
1 reply to janeswizzle's comment
janeswizzle

Remember, Nancy Pelosi said "unemployment creates jobs, and you can get food stamps to get the best bang for your buck."

May 11 2013 at 2:54 PM Report abuse +1 rate up rate down Reply
janeswizzle

Thank the Obama administration for all his job killing legislation. Run for a government official, or sign up for the military. Maybe even start a green business and get your funding from Uncle Sam. Keep in mind that the Obama administration rewards failure, you can't lose.

May 11 2013 at 1:33 PM Report abuse +1 rate up rate down Reply