Quote:
Originally Posted by Dean Jarvis
This is true. It's due to extremely high unemployment. Too many people chasing after too few job's puts the employer in the drivers seat. When unemployment is low the job applicant has a better chance of negotiating higher wages. 
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As booker stated, not all job seekers are created equal. Those that earned a degree for a skill in demand are not competing for the same jobs that graduates with B.A.s.