Education levels and unemployment at end of 2008
April 01, 2009
In 2008, individuals with less education experienced greater percentage-point increases in their unemployment rates than their more educated counterparts did.
The unemployment rate for individuals 25 years and older with less than a high school diploma increased from 7.5 percent in the fourth quarter of 2007 to 10.6 percent in the fourth quarter of 2008. The jobless rate for high school graduates with no college rose by 2.4 percentage points, to 7.0 percent, the highest quarterly rate since the series began in 1992.
The unemployment rate for those with some college or an associate’s degree increased by 2.0 percentage points, to 5.5 percent. Among college graduates, the unemployment rate increased by 1.2 percentage points, to 3.3 percent, equal to the previous peak in the fourth quarter of 1992.
These data are from the Current Population Survey. For more information on labor market trends in 2008, see "U.S. labor market in 2008: economy in recession," (PDF) by James Marschall Borbely, Monthly Labor Review, March 2009.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Education levels and unemployment at end of 2008 on the Internet at http://www.bls.gov/opub/ted/2009/mar/wk5/art03.htm (visited December 10, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.