USA TODAY: …
- Jobless rates were most severe for young adults with no college degree. Employment rates before and after the recession declined 7% among bachelor’s degree holders, 11% among associate’s degree holders and 16% for those with only a high school diploma
- All groups saw wage drops during the recession, but the falloffs stabilized most quickly for bachelor’s degree holders. Average weekly wages dropped 5% for bachelor’s degree holders, and twice that (10%) for workers with high school diplomas only. Associate’s degree holders took the steepest hit, 12%.
- College graduates continued to be employed in relatively high-status jobs at higher rates than their less-credentialed counterparts, and declines in the proportion taking jobs that did not require a college degree were modest — 3% vs. 6% for associate’s degree holders… (more)
