Only 1 in 5 new college graduates have found a job

CNN's Josh Lev reports on the difficulties that college graduates are having in finding jobs.

According to the stats, only 20% of college graduates who applied for jobs got a job offer in 2009 (vs. 51% in 2007)---And only 25% of college graduates are planning on going to graduate school.

The majors that are having the easiest time finding jobs are engineering and accounting undergrads.