Monday, July 5, 2010

Unemployment Uneven

An article in The Hill analyzes unemployment figures by age group, education level, race/ethnic group, gender, industry type, etc. It finds, for example:
Double-digit unemployment has plagued black men, construction workers, teenagers and those without high school diplomas more than other groups.
No surprises there. As a retired professor, I find this statistic comforting:
Those with bachelor's degrees have not seen unemployment rates higher than 5 percent since the recession began.
Evidence that I didn't waste those 30+ years in the university classroom is welcome. The article has lots more interesting data for your reading pleasure.