Earlier quoted context omitted.
Markets still remain supply and demand driven. Industries that have roots in college educations have appeared more stable because the number of people with degrees has historically been relatively low. When we have more educated people than jobs that benefit from such an education, incomes will drop and it will become difficult to find work. The trades are starting to gain appeal right now because people have put mor…
Show me any evidence that college educated people, in particular, are having trouble finding employment. These numbers look extremely favorable http://www.bls.gov/emp/ep_chart_001.htm .
You can see here[1] that this decade has brought on a distinct change in unemployment rates for college graduates. The last four years averaged an entire percentage point higher than the highest rate ever seen before. Since we both seem to agree that unemployment rates are a reasonable metric for determining the difficulty of finding work, it seems pretty clear that it is more difficult now as a college graduate than it once was.
[1] http://qzprod.files.wordpress.com/2013/04/screen-shot-2013-0...