College Grad's Uphill Climb

Ouch. Ronald Brownstein describes the situation for the class of 2011. Money quote:

Students now finishing their schooling—the class of 2011—are confronting a youth unemployment rate above 17 percent. The problem is compounding itself as those collecting high school or college degrees jostle for jobs with recent graduates still lacking steady work. “The biggest problem they face is, they are still competing with the class of 2010, 2009, and 2008…”