260K College Grads in Minimum Wage Jobs

graduation(CNN) — Having a college degree doesn’t guarantee you a high-paying job.

About 260,000 graduates made at or below the federal minimum wage of $7.25 per last year, according to the Bureau of Labor Statistics–that’s the lowest number since 2008.

The worst year was 2010 when the number skyrocketed to 327,000. Experts blame the post-recession labor market for the number of college grads stuck in low-paying jobs.

But things may be looking up. A total of 21 states, including New Jersey, New York and Connecticut have approved raising their minimum wage.

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