• Trends in Educational Attainment in the U.S. Labor Force

    11 days ago - By Calculated Risk

    The first graph shows the unemployment rate by four levels of education through September 2020. Note: This is an update to a post from a few years ago.
    Unfortunately this data only goes back to 1992 and includes only three recessions (the stock / tech bust in 2001, and the housing bust/financial crisis, and the 2020 pandemic). Clearly education matters with regards to the unemployment rate, with the lowest rate for college graduates at 4.8% in September, and highest for those without a high school degree at 10.6% in September.
    All four groups were generally trending down prior to the...
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