That guy working construction with a PhD in Industrial Chemistry or whatever is a champion for. It killing himself.
Yeah, I did feel kinda bad for that guy, but you have to remember, like I said, the education markets and the labor markets are NOT necessarily connected in any meaningful way. There are bound to be some occupations where the labor supply exceeds the demand. In those occupations, there will necessarily be some perfectly educated and qualified individuals who cannot find employment in that occupation. This will be true in free labor markets, always, recession or no. The only "solution" to that is a Soviet style system where the government tells you what your job is going to be.
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SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg
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