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College-Educated Oversupply Crisis Worsens
BY TYLER DURDEN
MONDAY, NOV 24, 2025 - 06:45 PM
The widening mismatch between an oversupply of college-educated workers and a deepening shortage of talent for non-degree, hands-on jobs has grown even more pronounced.
Bloomberg reports that the latest delayed BLS data shows a sharp deterioration in white-collar jobs, especially those holding four-year degrees, now making up a record 25% of all unemployed - or about 1.9 million folks, the highest level since 1992.

The unemployment rate for bachelor’s degree holders climbed to 2.8% in September, while joblessness for other education groups remained relatively the same. Young degree-holders are getting squeezed the most: unemployment for ages 20 to 24 jumped to 9.2%, an increase rarely seen outside recessions.
The jobs data builds on our note last week, citing Goldman analysts led by Evan Tylenda, who spoke with labor demographer Ron Hetrick.
Their discussion highlighted an alarming shift in the labor market: an oversupply of college graduatesand a shortage of non-college-degree technical workers.