More than 1.6 million college graduates are about to emerge into a cutthroat job market, one where last year's graduates are still scrambling to land entry-level positions.
Class of 2010, meet the competition: the Class of 2009. "It's discouraging right now," says 24-year-old Matt Grant, who graduated 10 months ago from Ohio State University with a degree in civil engineering and three internships. He finally has a job -- as a banquet waiter at a Clarion Inn near Akron. Grant has applied for more than 100 engineering positions around the country. "It's getting closer to the Class of 2010 [graduating]," Grant says. "I'm starting to worry more."
So is the Obama Administration. The plight of the young and cubicle-less could hurt the Democrats in midterm elections. The youthful voters who helped propel the party to victory in 2006 and 2008 show signs of waning enthusiasm amid their economic travails.