Posted on 12/10/2010 2:41:18 AM PST by Scanian
The unemployment rate for people with a college degree or higher is 5 per cent. If that were the rate for everyone, it'd be the 1990s again.
But college graduates are only 30 percent of the country. For the rest of the population, the jobs picture is grimmer. For people without a high-school degree, the unemployment rate is more than 15 percent. If that were the rate for everyone, it'd be the 1930s again.
The unemployment rates are part of a growing divergence between the fortunes of the college educated and the rest of the country, including proverbial Middle America. In his new study "When Marriage Disappears," University of Virginia scholar Brad Wilcox details how the college educated have embraced traditional mores and habits -- especially the formation of stable families -- while they erode among everyone else.
Our elites, broadly defined as the top third of our society, aren't nearly as decadent as advertised. According to Wilcox's data, the highly educated (with a college diploma or higher) are less likely to divorce, less likely to have children out of wedlock and less likely to commit adultery than the moderately educated (high-school degree or some college) and the least educated (no high-school diploma).
(Excerpt) Read more at nypost.com ...
We are paying more people not to work than we have people working for a living.
” For people without a high-school degree, the unemployment rate is more than 15 percent. If that were the rate for everyone, it’d be the 1930s again “
..... welcome back 1930’
Gee, all the things that help contribute to financial success also contibute to educational and marital success.
No surprises here, for anyone who wants to think about it.
On the other hand, it does underscore that the government gets more of what it rewards, and less of what it taxes. So when the government rewards failure . . . .
I wonder how accurate this is given that the study itself was done by a guy with a college degree, or higher...
“I wonder how accurate this is given that the study itself was done by a guy with a college degree, or higher...”
I suspect that because of the way UE gets counted that the levels of UE for college grads is significantly higher than 5%. “Overqualified” or “Underemployed” are 2 things your more likely to hear relating to college grad friends who are struggling.
Well, that’s why my father suggested I get an education.
Could it be the employers have a larger choice in applications and are choosing college educated applicants over high school for jobs that only require a high school education?
Could it be the employers have a larger choice in applications and are choosing college educated applicants over high school for jobs that only require a high school education?
Seen this before, in our neck of the woods we have a plethora of lawschool graduates. Any job over 30K esp GGJs (Good Government Jobs) have our college students competing with college grads and usually the lawyers win, because they have the extra speciality
“Overqualified” or “Underemployed” are 2 things your more likely to hear relating to college grad friends who are struggling.”
I personally work for one of those “big box” stores where most people make 8 or 9 dollars max. I know of several people here who have degrees, who were managers in top companies or otherwise more prosperous who now are making 8 or 9 bucks an hour. My step-son who graduated from Purdue with an engineering degree 2 years ago is doing odd jobs to keep going.
Perhaps more relevant than “people with college degrees have better jobs” is; “people who are more valuable to the work force still have the jobs”.
The income gap is really mostly an education and marriage gap. When youhttp://www.freerepublic.com/perl/post?id=2640523%2C10 have two highly educated people..who are married they will far outpace a household made up of a single with no HS education. That gap has grown as the unskilled jobs and semi skilled jobs have been taken by illegals and other immigrants.
The survey also needs to include those high skilled trades people who are also doing well based on non-university skills and education.
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