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For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma. Unemployment rates roughly doubled for all three groups during the 2008–2009 period, before steadily falling back to approximately their ...
In 2008, the unemployment rate of graduates was more than 30%. [32] In this year the unemployment rate of graduates from top universities was 10%. [33] In 2009, the employment rate of graduates who had bachelor's degree was in the 88% range. [34] In 2010, the employment rate of college graduates rose 3.2% in 2009 reaching 91.2%. [35]
As of September 2012, for workers of age 25 or older, unemployment was approximately: 12% for those with less than a high school diploma; 9% for high school graduates; 6% for those with some college or an associate degree; and 4% for those with a bachelor's degree or higher. [37]
A recent study from the Federal Reserve Bank of New York reported the widest unemployment gap between new graduates and experienced degree holders since the 1990s. The struggle to find work
College graduates are starting to feel the effects of the economic downturn, after being largely immune to rising unemployment. The jobless rates for Americans who had at least a bachelor's degree ...
The average salary for college or university graduates is greater than $51,000, exceeding the national average of those without a high school diploma by more than $23,000, according to a 2005 study by the U.S. Census Bureau. [69] The 2010 unemployment rate for high school graduates was 10.8%; the rate for college graduates was 4.9%. [70]
One that he left out was the shifting trends in unemployment by educational attainment. The St. Louis Older College-Educated Workers Now Have Higher Unemployment Rates Than Fresh Graduates
In the 21st century, however, a high school diploma often barely qualifies the graduate for menial service work. [3] One indicator of credential inflation is the relative decline in the wage differential between those with college degrees and those with only high school diplomas. [44]