It's no secret that the unemployment rate for those with college degrees is much lower than the rate for those without. And the fluctuations in the their respective unemployment rates have been very similar for as long as we can remember.
However, comparing the unemployment rates alone ignores some significant deterioration in the dynamics of the college-educated population.
Goldman Sachs economist Jan Hatzius examines this in a brief note to clients.
First, here's a look at the unemployment rates for college grads and those who didn't make it out of high school. No surprises here:
Goldman Sachs |
However, this assumption is just wrong.
MORE
http://www.businessinsider.com/hatzius-college-educated-unemployment-2013-5
Check out the member blogs, videos, and discussions @ http://12160.info
MySpace Tweet Facebook Facebook
Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
© 2024 Created by truth. Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network