One-Fourth Of America's Unemployed Are Now College Grads— Chamath Palihapitiya Warns Student Loans Are Fueling The Crisis - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

A disturbing shift in the American labor market—dubbed a “white-collar slowdown” has pushed the share of unemployed college graduates to record highs, prompting venture capitalist Chamath Palihapitiya to demand a drastic overhaul of federal student lending.Job Losses Hit College GraduatesNew data and a chart named “white-collar slowdown,” released late Monday by The Kobeissi Letter, reveals that Americans with four-year degrees now comprise 25.3% of total unemployment, a figure that has doubled since the 20 ...