Unemployment Part 1
Choose Another Topic

The unemployment rate for individuals with at least a bachelor’s degree is consistently about half the unemployment rate for high school graduates.

Key Points

  • In 2009, with an average annual unemployment rate of 7.9% for individuals ages 25 and older, unemployment had risen sharply for all levels of educational attainment. The 4.6% unemployment rate for those with at least a four-year college degree was 5.1 percentage points lower than the 9.7% unemployment rate for high school graduates.
  • In 1999 and 2000, with low overall unemployment rates of 4.0% and 4.2%, respectively, the gap between the unemployment rates for college graduates and high school graduates was 1.7 percentage points.
  • From 1992 through 2009, the annual unemployment rate for individuals with some college but less than a four-year degree was between 0.7 and 1.7 percentage points lower than the unemployment rate for high school graduates.
.

Figure 1.10a: Unemployment Rates Among Individuals Ages 25 and Older, by Education Level, 1992−2009

Education Level
Not a High School Graduate High School Graduate Some College or Associate Degree Bachelor's Degree or Higher
1992 11.5% 6.8% 5.6% 3.2%
1993 10.8% 6.3% 5.2% 2.9%
1994 9.8% 5.4% 4.5% 2.6%
1995 9.0% 4.8% 4.0% 2.4%
1996 8.7% 4.7% 3.7% 2.2%
1997 8.1% 4.3% 3.3% 2.0%
1998 7.1% 4.0% 3.0% 1.8%
1999 6.7% 3.5% 2.8% 1.8%
2000 6.3% 3.4% 2.7% 1.7%
2001 7.2% 4.2% 3.3% 2.3%
2002 8.4% 5.3% 4.5% 2.9%
2003 8.8% 5.5% 4.8% 3.1%
2004 8.5% 5.0% 4.2% 2.7%
2005 7.6% 4.7% 3.9% 2.3%
2006 6.8% 4.3% 3.6% 2.0%
2007 7.1% 4.4% 3.6% 2.0%
2008 9.0% 5.7% 4.6% 2.6%
2009 14.6% 9.7% 8.0% 4.6%

View Notes and Sources

Source: Bureau of Labor Statistics, 2010d.