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Ron Johnson: “The Federal Reserve bank of New York just came out with a…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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Chairman Johnson's full remarks at HSGAC hearing on education and student achievement

Published | Video Starts at 14:22

I know there's a Northeastern University study a couple years ago that came out, said that of recent college graduates, close to 50% are either unemployed or underemployed. In other words, with a job that required little or no college education whatsoever. The Federal Reserve bank of New York just came out with a similar study saying about 44% [of recent college graduates are unemployed or underemployed]. Dr. Vetter, you were talking about that in your testimony. I've done one of those studies too. You want one? I'll give you another. So, so your, your, you know, your conclusion is and why? (14:22–14:26)

CLAIM

Asserts that a Federal Reserve Bank of New York study found about 44% of recent college graduates are unemployed or underemployed.

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