Saturday, May 26, 2012

Bureau of Labor Statistics: Majority of Unemployed Are College Grads

According to, the majority of unemployed over 25 in the United States are college graduates! Could this demographic shift that more education does not guarantee higher lifetime earnings anymore?
For the first time in history, the number of jobless workers age 25 and up who have attended some college now exceeds the ranks of those who settled for a high school diploma or less.

Out of 9 million unemployed in April, 4.7 million had gone to college or graduated and 4.3 million had not, seasonally adjusted Labor Department data show.

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