All education levels affected by recent unemployment rise
March 19, 2003
The rise in unemployment rates among more highly educated workers during the recent downturn resembles that of past recessions. However, it appears that workers with more education fared worse than in past downturns relative to less well educated workers.
Since the start of recession in the first quarter of 2001, the unemployment rate for those with less than a high school education rose by 2.1 percentage points and the rate among workers with a high school diploma but no college training rose 1.3 percentage points. These were unemployment rate increases of about one-third over their rates when the recession began.
In contrast, the unemployment rate of those with some college training rose by two-thirds (1.9 percentage points) and the rate for college graduates almost doubled as it rose 1.3 percentage points.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, All education levels affected by recent unemployment rise on the Internet at http://www.bls.gov/opub/ted/2003/mar/wk3/art03.htm (visited April 19, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.