Unemployment is higher for college grads than high school drop-outs

This is a pretty dramatic indication of how rough it is out there right now for young people trying to get into the labor force. An "economic snapshot" from the Economic Policy Institute.

This of course is not to say that you're better of skipping on college. But the vast majority of jobs created these days --- the jobs of the future --- are still in the service sector, jobs like janitors, health care aides, etc. Perhaps college students are holding off for jobs in their desired career path, I don't know.

But however you slice it, its tough all around.