The advantage of having a college degree while job hunting is “becoming a thing of the past,” said Jonnelle Marte in . Historically, recent college grads have snatched up jobs more quickly than peers with only a high school diploma. But the job-finding rate for college-educated workers ages 22 to 27 has dropped sharply over the past 20 months, and is now “roughly in line” with that of young high-school-educated workers, according to new research from the Federal Reserve Bank of Cleveland. That concerning convergence is another sign of the dearth of entry-level opportunities for young, mostly white-collar workers. The overall unemployment rate overall for 20-to-24-year-olds hit 9.2% in September, “up 2.2 percentage points from a year prior.”

Given those vanishing job prospects, it’s

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