New US college graduates’ salaries highest in 10 years

Global Business

This is a good time to be graduating from college in the U.S. according to a new report. Wages for new graduates are at their highest level in more than a decade.

Unemployment rates for the group are falling too.

CCTV America’s Hendrik Sybrandy reports from the U.S. state of Colorado.

More details:

  • According to a recent report from the Federal Reserve Bank of New York, Americans with bachelor’s degrees earned a median yearly salary of $43,000 last year, which is the highest figure since 2003.
  • The unemployment rate for young college graduates, dropped below five percent.