As another school year comes to a close, many college graduates are now on the hunt for gainful employment.
A recent study by Strada Institute for the Future of Work and the Burning Glass Technologies, a workforce analytics firm, found four in 10 college graduates are underemployed in their first job.
Two-thirds of these graduates will still be underemployed five years later.
Of those workers underemployed at five years, three-quarters will still be underemployed at the 10-year mark.
As of March 2018, Florida’s unemployment rate is 3.9%, according to Bureau of Labor Statistics.
Although the unemployment rate is low, many wonder if Southwest Florida college graduates have a chance in the workforce.
The job hunt is tough for recent college graduates, but it’s even harder to convince them to stay in Southwest Florida for their careers. Traditionally, college grads leave university towns because it’s difficult to find employment in the area.
Thanks to entrepreneurs like Doug Kollmer, he’s making it a point to hire graduates right here in Southwest Florida.
Doug is the co-founder of the marketing agency, AdVentureSWFL. He makes it a priority to recruit FGCU interns and graduates to his company.
Doug said he was inspired to do this when he saw a problem in his hometown of Long Island, New York. Young adults weren’t moving back to the area after they graduated from college.
“We want people to know when they’re at FGCU or from another area that there are job opportunities here in Southwest Florida,” he said. “You don’t have to go off and live in a big city to have a legit job after college.”
Tips for Recent College Grads
If you’re a recent college graduate looking for your first job, Career Source Southwest Florida suggest the following.
- Start networking early
- Proofread your resume and cover letter
- If you land an interview, be sure to follow up with an email or a thank you note can help get you the job.
Additional reporting by Anna Kohls