New College Seniors have a slightly better shot

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The job market is still tough out there.  There is some new evidence that this years 2014 college graduates that generally hit the market by May have a slightly better shot than last years crop of graduates.

The Labor Department on Tuesday said the unemployment rate for defined as those ages 20 to 29 who earned a four-year or advanced degree was as follows:

2014 college graduates —  may have the best shot since 2007 if the rate is under double digits.

2013 college graduates —  10.9 percent.

2012 college graduates — 13.3 percent.

2007 college graduates — 7.7 percent, this was the best year in recent memory.

Detroit News