This CNN report tells another story:
"Though the demand for college graduates rebounded after the Great Recession, it has leveled off over the past 18 months, according to new Federal Reserve Bank of New York research.
This is not to say that recent grads aren't getting jobs. In fact, their unemployment rate has fallen to just over 5%, down from a peak of slightly more than 7% in 2011. And it's less than half the rate of young workers who don't have a bachelor's degree.But many recent grads are underemployed, working in jobs that don't require degrees. The underemployment rate has been on the rise since 2003 and now stands at 46%"