The Atlantic article calls it the rise of dead end jobs.
Here are their two graphs
They conclude: “…overall unemployment is also still high for young B.A.’s. So fewer are working at all, and more are truly clinging to the bottom rungs of the job market.
In a sense, this reflects a shift in the broader economy; for more than a decade now, middle-class jobs have given way to low-wage service work. And young college graduates haven’t been spared the change. “
Mover half our precision machining shops are scheduling overtime and 98% have positive employment prospects according to our last Business Trends Report.