Ernest Boffy-Ramirez on Graduating During a Recession

Published: May 14, 2020

Ernest Boffy-Ramirez, Assistant Professor CT of Economics, discussed the importance of job mobility for graduates entering the labor market during a recession and says, "If you graduate during a recession and start at a lower earnings trajectory, one of the only ways for you to make up lost ground is to change jobs quickly in your 20s when earnings growth is the fastest". Among other topics, he discussed the earnings penalties new labor market entrants face, the countercyclicality of college enrollment, and how this recession differs from previous recessions.

The Class of 2020 Takes Flight as the Job Market Crashes
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