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Economic Policy Institute
FOR IMMEDIATE RELEASE
MARCH 17, 2004
12:27 PM
CONTACT: Economic Policy Institute 
Nancy Coleman or Stephaan Harris, 202-775-8810
 
EPI News-Flash: More College Grads than Dropouts Now Unemployed
 

WASHINGTON - March 17 - Unemployment levels for workers with a college degree are historically high. In fact, the number of unemployed college graduates has surpassed that of high- school dropouts. Economic Policy Institute economist Jared Bernstein examines this trend in today's Snapshot and shows how labor market problems in the current economy are creeping up the education ladder. Bernstein explains that, for example, the number of unemployed college grads doubled over the recession of 2001 and the weak jobs recovery that followed, compared to the end of 2000.

To read more, please click here: http://www.epinet.org/content.cfm/webfeatures_snapshots Or go to EPI's Web site -- http://www.epinet.org/ -- and, under the first paragraph entitled "Unemployment creeps up the education ladder," click on the words "Economic Snapshot."

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