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 https://www.bls.gov/opub/ted/2003/mar/wk3/art03.htm (visited August 04, 2020).
Recent editions of Spotlight on Statistics
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.