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March 24, 2023

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With Jobs Scarce, Grads Launch Own Businesses

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  • On December 22, 2009

Faced with unemployment rate of 16% for 20 to 24-year-olds, a growing number of recent college and grad-school graduates are launching companies on their own, The Wall Street Journal reports. This trend is likely to continue as employers plan to hire 7% fewer graduates from the class fo 2010 than they hired from 2009, which itself was down 22% from the class before.

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