June means one more big test for many students finishing college -- a test of the job market. Wish them luck. Americans age twenty to twenty-four faced an unemployment rate in May of fourteen and seven-tenths percent. That was five percentage points higher than the national rate.
This week, Federal Reserve Chairman Ben Bernanke said his "best guess" is for a continued economic recovery. But the central bank chief expects unemployment to remain high for some time because of slow job creation. So where does that leave this year's graduates?