The Employment Gap Between The Educated And The Uneducated Is Incredible

A remarkable stat from the BLS report:

  • The unemployment rate for those with less than a high-school diploma is 14.2%.
  • The unemployment rate for those with a college degree is 4.2%.

We’re not going to waste our times rehashing old questions about whether this means college self-selects for employable people, or whether it means that more people should go to college. We couldn’t care less. It is a remarkable divergence, however.

(Via Richard Florida)

chart, unemployment rate, education, feb 2011

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