Entry-level has never been synonymous with starting salaries to brag about, and that's even more true when the job market is short on supply. The Wall Street Journal says this is the worst market in 25 years, forcing new college graduates to lose out on thousands of dollars in potential income.
Many recent and upcoming graduates have a long, tough road ahead of them. According to Lisa Kahn, a Yale School of Management economist, the damage of starting out during a recession can last up to 15 years. Graduates may be forced to take lower-skilled jobs which come with lower pay, leading to lower earnings overall and a delayed climb up the career ladder.