Job-Market Blues

Instead of the anticipated demand, new Ph.D.'s are finding few openings

Remember that major 1989 study of the academic job market? Most graduate students do.

It projected a severe faculty shortage beginning in the late 1990's, especially in the humanities and social sciences. Others recall similar forecasts about a shortfall of mathematicians and scientists.

But the optimism generated by those forecasts has disappeared, replaced by disappointment and even bitterness, in light of today's job market for new Ph.D.'s.

Instead of a mushrooming