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.
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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December 24, 2012 at 7:01 am |
[…] a prior post Nums: Stay in school ! we showed that the unemployment rate for college grads is only about 4% … way below the […]