Despite gains in employment, uneducated workers are still three times more likely to be unemployed than college-educated workers. According to the latest report from the Bureau of Labor Statistics, the unemployment rate was 8.2% in March, which is a large improvement over the near-record high of 10.2% two years ago. While unemployment rates have improved for most workers, the least educated workers are still suffering more than others.
For example, the Labor Deparment’s most recent report shows that the unemployment rate among high school drop-outs is 12.6%. The unemployment rate among college graduates is only 4.2%.
Alabama has the sixth highest percentage of uneducated workers in the U.S., which has negatively affected the employability of the state’s labor market. Only Arkansas, Kentucky, Louisiana, Mississippi, and West Virginia have more uneduated workers than Alabama does…
Source:
Read More @ Unemployment rate among uneducated workers is triple that of educated workers – Birmingham Economy | Examiner.com.
And this is not only true for last month. Just take a look!
Source: calculatedriskblog.com
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