According to a recent study by the National Association of Colleges and Employers, companies intend to hire 22 percent fewer college graduates this year compared to last year's class. In early reports from the NACE's study of 2009 graduating seniors due out in April, as many as 63 percent of students surveyed are concerned that the economy will negatively affect their job prospects.
Over and above the tens of millions for D.C. schools, courts, infrastructure and the Metrorail system found in the massive federal spending bill is more than $10 million earmarked by Congress for District-based organizations.
President Obama's call to community service is getting a big boost from the recession. Applications are soaring at government-funded service programs, the stimulus package includes $200 million to boost those efforts and Congress is looking for more ways to expand opportunities to help others.