Most Unemployed Have College Experience

From the WSJ.com:

52%: Percent of the unemployed who have spent at least some time in college.

In a significant shift in the labor market, the majority of people who are unemployed have some college education, reversing the situation that prevailed for decades. In 1992, only 37% of the unemployed had some college experience...

Since it is more likely that a younger worker will have some college experience, older workers retiring or dropping out of the labor force exacerbate the trend. The share of the workforce with a degree has been rising for decades, while the % with a high-school diploma or less has been falling.

For the first time in 2003, the average person in the labor force was more likely to have a bachelor’s degree or higher than to be just a high-school graduate...

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Link: http://blogs.wsj.com/economics/2012/06/02/number-of-the-week-most-unemployed-have-college-experience/