Over 250,000 College Graduates get only minimum wage jobs

In 2013 260,000 fresh college graduates were able to only get jobs that paid the Federal minimum wage or less $7.25 an hour.  To pay less than minimum wage one would assume the jobs were food service related like tipped waiters and waitresses.  This represents double the pre-Great Recession number of graduates that are only able to get minimum wage jobs after graduating from college.

A point that the article above does not mention is how long fresh college graduates are getting stuck in these minimum wage jobs or as we call it here Career Purgatory.

In some sense of being ironic President Barack Obama will talk about minimum wage increases to his target of $10.10 at the University of Michigan April 2, 2014.  Hopefully this new higher minimum wage is not a target than University of Michigan graduates are aspiring to earn.