Nums: Stay in school !

It isn’t exactly new news that more education makes you more employable.

For folks without a HS diploma:

  • The current unemployment rate is 12%
  • That’s down 4 percentage points from the 16% recession peak.
  • But, it’s still 6 percentage points higher than the 6% low point back to 2000.
  • And, 6% isn’t very low.

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For folks with a college degree  or higher:

  • The current unemployment rate is 4%
  • That’s down 1 percentage points from the 5% recession peak.
  • But, it’s still 2 percentage points higher than the 2% low point back to 2000.

Hard to argue against the importance of education.

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One Response to “Nums: Stay in school !”

  1. Which college majors pay the most? « The Homa Files Says:

    […] a prior post Nums: Stay in school !   we showed that the unemployment rate for college grads is only about 4% … way below the […]

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