Recent college graduates unable to find jobs

A BIT... BUT FIRST... THOUSANDS OF COLLEGE GRADUATES DONNED THEIR CAPS AND GOWNS THIS WEEKEND━ WITH A DIPLOMA IN HAND, THE FUTURE OF OUR WORKFORCE IS NOW PREPARING TO START THEIR PROFESSIONAL CAREERS... THANK YOU FOR CHOOSING KTSM NINE NEWS AT SIX, I'M ANDY MORGAN. I'M MONICA CORTEZ... STATISTICS INDICATE A STRONG MARKET.. HOWEVER.. EXPERTS SAY NEW GRADUATES SHOULD BRACE FOR OBSTACLES IN THEIR JOB SEARCH... KTSM 9 NEWS REPORTER TIRZA ORTIZ IN LIVE IN OUR STUDIO WITH WHAT THE CLASS WITH A LOW UNEMPLOYMENT RATE AND RAISE IN SALARIES FOR DEGREE HOLDER━ THIS SHOULD BE A RECIPE FOR A HOT JOB MARKET... BUT THAT'S NOT THE CASE. EXPERTS ARE RECOMMENDING THAT NEW GRADUATES SHOULD STAY ADAPTABLE IN THIS CHALLENGING LABOR MARKET. <0━07 > <2━27 > GUSTAVO PAREDES//U━ AUSTIN GRADUATE "I DO WANT TO GET IT REMOTE SO I CAN STAY IN EL PASO AND, YOU KNOW, BE WITH MY FAMILY AND HELP THE COMMUNITY OF EL PASO GROW." RECENT GRADUATE AND EL PASO NATIVE, GUSTAVO PAREDES HAS HIS SIGHTS SET ON HAVING A CAREER IN THE SUN CITY... BUT LIKE MANY OTHER GRADUATES HAS NOTICED LANDING A JOB IS EASIER SAID THAN DONE TOM FULLERTON// PROFESSOR OF ECONOMICS, UTEP "THE UNEMPLOYMENT RATE IN MARCH WAS 4.5%. THAT'S ONLY SEE 7/10 OF A PERCENTAGE POINT ABOVE THE NATIONAL RATE." UTEP ECONOMIC PROFESSOR TOM FULLERTON SAYS JOB PROSPECTS LOOK GOOD FOR PEOPLE INTERESTED IN THE GOVERNMENT AND HEALTH CARE INDUSTRIES BUT THAT'S NOT THE CASE ACROSS THE BOARD "THERE ARE SOME AREAS, HOWEVER, OF THE LOCAL LABOR MARKET WHERE LET'S SEE, THE DEMAND FOR LABOR IS MUCH WEAKER." PAREDES PLANS ON PURSUING DATA SCIENCE BUT DOESN'T SEE MUCH OPPORTUNITY IN TOWN "MORE THAN LIKELY I WILL GET SOMETHING IN AUSTIN. BUT EL PASO IS LIKE NOT AS MUCH. THERE IS SOME OPENINGS HERE IN THERE, BUT NOT AS VIBRANT AND ACTIVE LIKE PLACES LIKE IN EASTERN OR BIGGER CITIES." PROFESSOR FULLERTON SAID HIGH INTEREST RATES ARE ANOTHER CONTRIBUTOR TO THE LACK OF POSITIONS... WITH LESS JOBS IN CERTAIN FIELDS BEING CREATED THERE ARE ALSO LESS PEOPLE LEAVING "THE JOB MARKET DOES SEEM TO BE DECELERATING AND WE'RE STARTING TO SEE MORE DEFENSIVE POSTURES IN TERMS OF PEOPLE THAT ALREADY HAVE JOBS IN THAT THEY ARE NOT AS AS PRONE TO QUITTING AS THEY WERE SIX MONTHS AGO." FULLERTON RECOMMENDS NEW GRADS NOT WAIT TOO LONG BEFORE ACCEPTING AN OFFER AND STAY FLEXIBLE TO SECURE THE POSITIONS THAT ALIGN WITH THEIR GOALS "A LOT OF MY FRIENDS WHO ARE LOOKING FOR JOBS OR ARE CURRENTLY IN JOBS LOOKING TO SWITCH, THEY'RE SAYING IT'S A LITTLE BIT DIFFICULT AT THE MOMENT, BUT, YOU KNOW, IT'S A ROLLER COASTER. IT GOES UP AND DOWN. SO I THINK RIGHT NOW IT' S STILL LIKE IN THE LOWS, BUT I'M HOPING IT DOES PICK UP." PEREDA IS NOT ALONE IS TRYING TO LAND A JOB IN A FIELD THAT DOESN'T SHOW MANY PROSPECTS BUT THERE ARE LOCAL RESOURCES LIKE WORKFORCE SOLUTIONS BORDERPLEX THAT OFFERS TRAININGS FOR JO━SEEKERS AND EMPLOYERS TO STAY COMPETITIV

Channel: KTSM 9 NEWS

Views: 66,149

Keywords: video, ktsm, ktsm9news, ktsmnews, El Paso, graduation, job, careers, job openings, economy

Id: gp0qlXCOoBw

Length: 2min 54sec (174 seconds)

Published: Tue May 14 2024