Friday, August 16, 2013

Great News for College Grads Looking for Taxi Driver Jobs

Peter Orszag writes:
Let’s start with some basic facts. There have always been some graduates who wind up in jobs that don’t require a college degree. But the share seems to be growing. In 1970, only 1 in 100 taxi drivers and chauffeurs in the U.S. had a college degree, according to an analysis of labor statistics by Ohio University’s Richard Vedder, Christopher Denhart and Jonathan Robe. Today, 15 of 100 do.
Welcome to the age of super government regulation, where dumbed down education meets regulations which make it risky for firms to hire.

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