4 ms·

> About two years I broke out the BLS data for US employment % vs level of education into a series of graphs. I've posted it elsewhere, but CR also had that gr

> About two years I broke out the BLS data for US employment % vs level of education into a series of graphs. I've posted it elsewhere, but CR also had that graph in his blog: http://cr4re.com/charts/chart-images/EducationUnemploymentSept2011.jpg http://cr4re.com/charts/chart-images/EducationUnemploymentSe... I find it quite an oversight that pando quoted the CR unemployment duration, but not the UE by education. The second graph makes the pando article look silly IMO.

muzz 14y ago
Agreed. Unemployment rate for those with at least a Bachelor's degree NEVER topped 5%, even during the depths of the recession in 2008-9. Pretty amazing stat on its own. And this includes people who graduated with the minimum passing GPA (2.0?) from the worst college with the most useless major.
- prewett 14y ago
  Maybe it was the people with the minimum GPA and the most useless major that are the 5% of college grads that are unemployed. Also, you might be a 3.5 GPA Literature major employed at Starbucks. You wouldn't be part of the 5% unemployed, but that huge college debt didn't buy you anything, either. Or you gave up looking for employment, so you don't get in the numbers, either.