[NVDave]

The stats don’t look quite so impressive for educated unemployment if we look at the private sector vs. government.

There has been a radical increase in government hiring, and nearly all government jobs require at least a BA.

For examples, look at this stat:

http://www.bls.gov/news.release/empsit.t14.htm

You’ll notice that the “government workers” (near the bottom of the table) are at a nice, low 5.0% - basically full employment.

Now look at “Professional and Business Services” are at 9.9%.

Rather a different picture out there, once we talk about people who don’t have their snouts and front two feet in Uncle Sammy’s feed bunk.

[algernonpj]

The stats don’t look quite so impressive for educated unemployment if we look at the private sector vs. government.

There has been a radical increase in government hiring, and nearly all government jobs require at least a BA.

For examples, look at this stat:

empsit

You’ll notice that the “government workers” (near the bottom of the table) are at a nice, low 5.0% - basically full employment.

Now look at “Professional and Business Services” are at 9.9%.

Rather a different picture out there, once we talk about people who don’t have their snouts and front two feet in Uncle Sammy’s feed bunk.

Thanks for the link NV Dave.

Now factor in the figures on table 14 are U-3, not U-6 which CNN was quoting.

[Gunslingr3]

There has been a radical increase in government hiring, and nearly all government jobs require at least a BA.

For the ones you'd like to have (supervisor, bureau chief, etc.) yes, but overall, no.

They don't require a BA for you issue driver's licenses from the DMV.

One of the key components of the earlier stimulus bills was funnelling money to the states so they didn't have to cut government employees (state and municipal), but that is changing - note the government worker unemployment trend is up, while the business one went down.