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Does Education Matter? Job Losses since the Great Recession

Does Education Matter? Job Losses since the Great Recession. DataPost. Date last updated: September 9, 2013. Federal Reserve Bank of San Francisco Economic Education Group. Unemployment by Educational Attainment Seasonally adjusted, %. Source: Bureau of Labor Statistics. DataPost.

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Does Education Matter? Job Losses since the Great Recession

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  1. Does Education Matter?Job Losses since the Great Recession DataPost Date last updated: September 9, 2013 Federal Reserve Bank of San Francisco Economic Education Group

  2. Unemployment by Educational AttainmentSeasonally adjusted, % Source: Bureau of Labor Statistics http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group DataPost

  3. Annotated Chart NotesUnemployment by Educational AttainmentSeasonally adjusted, % Percent of U.S. labor force that is unemployed, grouped by levels of education. Values are adjusted for seasonal factors that may spike unemployment, like changes in weather, holiday events, and whether school is in session. Watch a video series featuring this data on FRBSF.org: Economics in Person Overall unemployment rate Source: Bureau of Labor Statistics http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group DataPost

  4. What Do You Think? • What was the unemployment rate for people without a high school diploma in Dec. 2007? In Aug. 2013? • What was the unemployment rate for college graduates in Dec. 2007? In Aug. 2013? • How would you describe the relationship between unemployment and education at the beginning of the Great Recession (Dec. 2007) versus now (Aug. 2013)? • Why might the unemployment rate be higher for people without college degrees? • Watch a video about the toll of the Great Recession on U.S. Labor Markets at FRBSF.org http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group DataPost

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