Fed Governor: Graduate unemployment rate is up, firms just aren’t hiring

the private sector is not doing as well as everybody thinks it is. Like most of the a half of the employment growth we saw last month was in the public sector and that means private sector is not doing particularly well. If you look at the new college graduate unemployment rate it's 7%.It's much higher than it has. These are not jobs that are being opened up because immigrants are are not not coming in. That's it should be just the opposite.If immigrants are leaving and these jobs are open, then the unemplo ...