College graduation is supposed to be a giant step on the way to a prosperous future. But the weak labor market means that graduates lucky enough to find good jobs will face reduced starting salaries, while many others will struggle to find work or have to settle for lower-level and lower-paid positions that do not require college degrees.
Even after the economy strengthens, many recent college graduates may never catch up. Research shows that early bouts of joblessness and low pay can damage career prospects and earnings over a lifetime.
To read the full, original article click on this link: The Class of 2012 - NYTimes.com
