YahooNews: 1 in 2 New Grads Jobless, Underemployed

"The college class of 2012 is in for a rude welcome to the world of work," begins the Yahoo news story. "A weak labor market already has left half of young college graduates either jobless or under-employed in positions that don't fully use their skills and knowledge." Here are the highlights:

• about 1.5 million, or 53.6 percent, of bachelor's degree-holders under age 25 last year were jobless or underemployed, the highest share in at least 11 years (about half of these were underemployed)
• stronger demand in science, education and health fields, but arts and humanities fields flounder
• more grads were employed as waiters, waitresses, bartenders and food-service helpers than as engineers, physicists, chemists, and mathematics combined
• more grads were employed as cashiers, retail clerks and customer representatives than engineers
• those who majored in zoology, anthropology, philosophy, art history and humanities were least likely to find jobs appropriate to their education level
• those with nursing, teaching, accounting or computer science degrees were among the most likely to find appropriate jobs