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According to an online article SmartMoney magazine titled, "The Jobless Class of 2012":

Only a half of those who graduated since 2006 are now employed full time, according to a recent Rutgers University survey.

Here's a link to the PDF report that statement is based on, and the news release covering it too. The report was the result of interviews with 444 graduates of four-year colleges and universities from the classes of 2006 through 2011.

Is it roughly true that half of those who graduated from colleges and universities from 2006 to 2011 were employed full time in 2012?

UPDATE: According to analysis of a January 2011 U.S. Bureau of Labor Statistics employment report, "only 47% of working age Americans have full time jobs".

UPDATE 2:

The number of young adults in America who have full-time employment is currently at its lowest in four years, even for those workers who have a college degree, according to a recent Gallup survey.

Less than half, about 44 percent, of adults aged 18 to 29 held a full-time job as of June 2013. That number is down from 46.3 percent in 2010, as well as the previous low of 45.8 percent in 2011. Last year, 47 percent of young adults were employed full-time.

(source: July 29, 2013)

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    given the number of people I know pursuing nearly useless degrees I wouldn't doubt that survey. – Ryathal Jul 9 '12 at 17:48
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    @Ryathal Why should that matter? You can be "employed full time" at a grocery store, gas station, retail outlet, in agriculture, in a factory setting... unlike income, employment should be more related to the number of job openings overall than specific degrees obtained. – Yamikuronue Jul 9 '12 at 18:20
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    The statement is build around a popular false believe that better education should result in better employment. In reality both, better education and better employment result from a person ability to achieve results. – Dennis Jul 9 '12 at 21:32
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    People with useless degree usually cannot find job not because their degree. But because their inability to pursue more serious degree is the same inability that prevents them from finding a better job. – Dennis Jul 9 '12 at 21:35
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    en.wikipedia.org/wiki/Correlation_does_not_imply_causation here is an article that explains the mistake that is done by the author of the statement. – Dennis Jul 9 '12 at 21:37

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