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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 ...
A college degree's declining value is even more pronounced for younger Americans. According to data collected by the College Board, for those in the 25–34 age range, the differential between college graduate and high school graduate earnings fell 11% for men, to $18,303 from $20,623. The decline for women was an extraordinary 19.7%, to ...
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]
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 ...
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 ]
A recent study by Georgetown University Center on Education looked at earnings and unemployment rates among recent and 10 College Majors With The Highest Unemployment Rates [Infographic] Skip to ...
Meanwhile, the unemployment rate decreased to 3.8% from 3.9% in February. Meanwhile, wages, considered an important metric for inflation pressures, increased 4.1% year over year, their lowest ...
The difference between those with a high school diploma ($30,000) and those who did not complete high school ($18,826) was $8,454 or 45%. Overall, the income in the United States for all sexes, races and levels of educational attainment was $36,308 annually.