As number of new Ph.D.s rises, the percentage of people earning a doctorate without a job waiting for them is up.
The Shrinking Ph.D. Job Market
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![The Shrinking Ph.D. Job Market](https://news.world.edu/wp-content/themes/news.world.edu/includes/php/image-jit/index.php?mode=external&filter=large&file=http://news.world.edu/files/2016/04/hooding.jpg)
As number of new Ph.D.s rises, the percentage of people earning a doctorate without a job waiting for them is up.