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Economy forces students to make economic choices

According to the New York Times, in January alone, 598,000 jobs were lost.

As said by President Obama in a press briefing Monday, this is almost equivalent to the number of jobs in the entire state of Maine. Many students at GCSU are finding ways to deal with this economic crisis. In times like these, students, more desperate than ever to find a job, are cutting back on wasteful spending.

Sophomore business major Samuel Hemstreet, is trying to cut down on spending on things that he no longer finds essential.
“I don’t really buy movies anymore so that I can save money,” Hemstreet said. “I ride my bike more now too because gas is ridiculous these days and it’s not worth it.”

One group heavily affected by this depression is the soon to be graduates looking to join the job market. As seniors struggle to find more internships and more ways to enhance their resumes, the job market is quickly shrinking. Senior psychology major Katie Ragusa, is worried that the country’s economic crisis will make it hard to find a job after graduation.

“Since there is no jobs right now, I’m actually thinking of staying in Milledgeville another year after I graduate because I do have a job with the dance department here,” Ragusa said. “It’s kind of changing my plans for next year because I’m scared to quit the job I have right now.”

Not only is it difficult for students trying to get on their feet after they graduate, part time jobs are becoming harder to find.
Sophomore engineering major Kristina Barnette, recently lost her job due to cutbacks and is trying to cope with the consequences.

“Losing my job was like the end of the world, it paid really well and I didn’t have to worry about spending money,” Barnette said. “I really needed a job this year because I’m moving to Atlanta and it’s so much more expensive there. I also needed it to help my parents out.”

Due to the fact that tuition at GCSU increased this semester and is likely to continue to increase in the following semesters, students are finding new ways to get by. The only problem is, due to economic setbacks, students are struggling to find anywhere that is willing to hire.

“It’s really important to find a job because of the economy right now, but it’s so hard especially with the very little work experience that most college students have,” Barnette said.

Barnette recently applied for a job at a bookstore, but was turned down for lack of experience. She shrugged the rejection off, but continues in search for another opening.

Since the national debt has now increased to over $10 trillion, and the number of jobs lost has continued to increase, the state of the economy at this time has been referred to by President Obama as a “full-blown crisis.”

Freshman Rachel Cauthen has been actively looking for a job around Milledgeville for a few months now.

“I’m looking because I have to save up to pay off student loans,” Cauthen said. “It’s pretty frustrating because all the jobs young adults used to have are going to older adults who have now lost their jobs.”

This is just another one of the reasons it is so hard to find a job at this time. Since the beginning of the recession in December of 2007, 3.6 million jobs have been lost and the US national debt has increased an average of $3.42 billion per day. Statistics such as these leave college students with empty pockets and only slight rays of hope for the days to come.

Posted by on Feb 13 2009. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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