Dave,
The original question on this forum is specific to the TWC annual report. "Placed" refers to the school providing the job lead or other direct connection that results in the graduate getting a job in their field of study. "Not Placed" is where the graduate obtains employment (also in the field) but through their own sources. In other words, without the assistance of the school. This must be documented on the completer follow up form (PS-072A).
JP Mehlmann