Special Report

Flint, MI Ranks Among the Worst Places for College Graduates to Find a Job

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College and university students in the class of 2020 faced the worst — and most uncertain — job market the U.S. had seen in generations. Economic fallout in the wake of the COVID-19 outbreak pushed unemployment to 13.3% in May of 2020 as millions of college students graduated and joined the labor force. Only a month earlier, the U.S. jobless was 14.8%, the highest point since the Great Depression.

With the average annual cost of a college education ranging from about $26,000 at a four-year public school to $54,000 at a private one, many students take on debt to afford college. Total student debt topped $1.7 trillion in 2020. Considering the financial challenges, it is as important as ever that college graduates secure jobs that require the skills they obtained as undergraduates, and that pay a salary that justifies the investment in their education.

Though the job market has improved significantly since the early months of the pandemic on a national scale, in some major U.S. cities, recent college graduates still face considerable hurdles.

Flint, Michigan, does not offer recent college graduates many career advantages. The October 2021 unemployment rate in Flint of 8.5% is among the highest of any U.S. metro area and well above the 4.6% national jobless rate.

For younger workers in the metro area who are able to find a job, incomes are generally low. The average monthly wage among workers in the 22 to 24 age range in Flint is just $1,946, less than in about 75% of all U.S. metro areas.

The worst cities for recent graduates to find a job were identified using an index of six key measures from the Bureau of Labor Statistics and U.S. Census Bureau: (1) average monthly earnings for 22-24-year-olds in Q1 2021, (2) change in employment of 22-24-year-olds from Q1 2020 to Q1 2021, (3) the share of 22-24-year-olds employed in professions that typically require a college education, (4) the October 2021 unemployment rate, (5) the ratio of median earnings for adults with a bachelor’s degree to the median earnings for adults of all education levels, and (6) the poverty rate among college educated adults. Only metro areas where 35% or less of the population 3 years and over are enrolled in college or graduate school were considered in our analysis.

 

Rank Metro area Employment in sectors that typically require a 4-yr. degree (%) Avg. monthly earnings of 22-24 year-olds ($) Poverty rate among adults with a bachelor’s degree (%)
1 El Centro, CA 7.1 1,828 13.7
2 Yuma, AZ 10.5 1,994 12.3
3 Kahului-Wailuku-Lahaina, HI 5.1 2,261 8.6
4 Hattiesburg, MS 7.9 1,520 16.1
5 Santa Fe, NM 12.4 2,033 12.0
6 Farmington, NM 9.6 1,838 13.4
7 Gulfport-Biloxi-Pascagoula, MS 8.9 1,699 13.1
8 Beckley, WV 8.2 1,936 14.5
9 Fayetteville, NC 10.4 1,776 13.0
10 Youngstown-Warren-Boardman, OH-PA 8.3 1,767 12.4
11 Flint, MI 9.5 1,946 13.1
12 Kingston, NY 11.5 1,998 11.4
13 East Stroudsburg, PA 5.6 1,894 8.8
14 Grants Pass, OR 7.1 2,043 15.5
15 Weirton-Steubenville, WV-OH 11.1 1,952 10.8
16 Erie, PA 11.2 1,869 11.0
17 Lake Charles, LA 8.5 2,380 10.9
18 Pine Bluff, AR 11.3 1,760 13.7
19 Albany, GA 10.3 1,712 15.4
20 Muskegon, MI 6.0 1,986 11.2
21 Valdosta, GA 11.1 1,676 15.1
22 New Orleans-Metairie, LA 12.1 2,028 12.6
23 Pocatello, ID 10.3 1,794 12.3
24 Brownsville-Harlingen, TX 10.3 1,617 15.7
25 Houma-Thibodaux, LA 9.3 2,159 13.0
26 Shreveport-Bossier City, LA 10.5 1,826 13.8
27 Saginaw, MI 9.3 1,995 12.7
28 Sumter, SC 7.2 1,918 13.8
29 Orlando-Kissimmee-Sanford, FL 12.1 2,019 10.1
30 Battle Creek, MI 10.3 2,268 12.0

 

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