unemployment rates (27 percentage point decrease) use of income support (9 percentage point decrease) Wealth. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, negative health impacts to people of color, rate peaked at 11%, compared to a 5% peak, hinking Like a Lawyer: A Framework for Teaching Critical Thinking to AlI Students. In October 2014, the unemployment rate edged down to 5.8 percent. document.writeln("
"); Some thoughts: Since workers with bachelor's degrees typically have a lower unemployment rate, rising educational attainment is probably a factor in pushing down the overall unemployment rate over time. Recent history, therefore, shows that the idea of a Bachelor’s degree halving the risk of unemployment in tough economic times is not a random occurrence. This is the only category trending up. make sure you're on a federal government site. Educational attainment levels alone are normally insufficient when seeking to comprehend economic effects. Those with some college or associate degree saw their average unemployment rate increase from a low of 3.8 percent in May 2007 to a high of 9.7 percent in September 2010. The Hispanic unemployment rate is 18.9%, compared to 16.7% for African Americans and 14.2% for whites. I'm the author of "Thinking Like a Lawyer: A Framework for Teaching Critical Thinking to All Students," and I write about preparing diverse, future-ready learners to lead. Also, I'd guess more education would mean less labor turnover, and that education is a factor in lower weekly claims (prior to the pandemic). Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rates by educational attainment, October 2014 on the Internet at https://www.bls.gov/opub/ted/2014/ted_20141112.htm (visited November 12, 2020). You may opt-out by. This brings up an interesting question: What is the composition of the labor force by educational attainment, and how has that been changing over time? Unemployment Rate By Age % % % % % % % Labor Force Participation › Unemployment Rate By Educational Attainment (2018)* % Educational Category. With degrees in law, public administration and computer science, I’ve always had a passion for equity. ... by highest level of educational attainment, 2015–16. The Bureau for Labor Statistics’ April 2020 job report reveals that the unemployment rate is currently 14.7%.
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