During the debate, Romney said that half of recent college grads can’t get work. His source for that statistic is the Associated Press story below, which shows that about a quarter of college grads younger than 25 are unemployed and another quarter are working as waiters, construction workers, retail clerks, teaching aides or other jobs that don’t require a college degree. So the claim was half-right. But he used that statistic to make an argument that Obama has handled the economy poorly, and underemployment and unemployment of 22 to 25-year-old college grads is a trend that started long before Obama took office. In 2000, 41 percent of college graduates that age were unemployed or underemployed.
and here’s a link to my own story about the issue: