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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]
There is concern that the possible higher education bubble in the United States could have negative repercussions in the broader economy. Although college tuition payments are rising, the supply of college graduates in many fields of study is exceeding the demand for their skills, which aggravates graduate unemployment and underemployment while increasing the burden of student loan defaults on ...
Unemployment rates historically are lower for those groups with higher levels of education. 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.
In 2007, more than 50 percent of college graduates had a job offer lined up. For the class of 2009, fewer than 20 percent of them did. According to a 2010 study, every 1 percent uptick in the unemployment rate the year you graduate college means a 6 to 8 percent drop in your starting salary—a disadvantage that can linger for decades.
The U.S. unemployment rate by education level The line chart shows the long-term decline in labor force participation for males of prime-working age (25–54 years), based on educational attainment. [36] Workers with higher levels of education face considerably lower rates of unemployment.
With news of rampant layoffs hitting the headlines seemingly every day, you may wonder just how dire the current unemployment situation really is. The good news is that unemployment is nowhere ...
Almost 11% of 2015 graduates were unemployed despite a U.S. unemployment rate of 5%. [2] Over 500 graduates (1.4% of graduates) worked in non-professional positions. NALP reports that within the legal field, salaries are bimodal. [3] A small percentage of graduates from prestigious law schools working for large law firms earn salaries near ...
It has a population of about 190,000 and an unemployment rate of 3.8 percent. Other names not normally rolling off the tongue of urban dwellers include Sioux Falls (2.7 percent), Fargo (2.8 ...