Tuesday, February 23, 2016

Education Level Continues To Explain Differences In US Unemployment Rates

From The Wall Street Journal, "The January Jobs Report in 12 Charts" by Nick Timiraos and Josh Zumbrun:
The unemployment rate for college graduates has remained far lower than for those with some college or only a high school diploma. Those with less than a high school education face the highest unemployment rates.

Source: The Wall Street Journal, Real Time Economics
Many studies, reports and news articles about unemployment and race fail to take into account and adjust for education level differences among the various ethic and racial groups, including the recent Education Policy Institute, "State unemployment rates by race and ethnicity at the end of 2015 show a plodding recovery" by Valerie Wilson, and the recent Wall Street Journal article, "Black Workers in Many States Haven’t Seen Much of a Recovery, Analysis Suggests" by Kate Davidson.

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