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Unemployment rates historically are lower for those groups with higher levels of education. For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma.
Data for 1910-1930 from Christina Romer (1986), "Spurious Volatility in Historical Unemployment Data", The Journal of Political Economy, 94(1): 1-37. Data for 1930-1940 from Robert M. Coen (1973). "Labor Force and Unemployment in the 1920's and 1930's: A Re-Examination Based on Postwar Experience", The Review of Economics and Statistics, 55(1 ...
Unemployment rates in the United States (1950 - 2005). Background colors and dotted lines show the terms of U.S. presidents and their political party affiliation, to give more historical context. Data source: Bureau of Labor Statistics; Chart created by User:Kmf164 on May 10, 2006. Date: 10 May 2006 (original upload date) Source
The number of Americans filing new applications for unemployment benefits increased more than expected last week, but remained at levels consistent with a healthy labor market. Initial claims for ...
English: United States annual unemployment rates from 1890 to 2013. Values shown in grey, from 1890 to 1939, are estimated. Values shown in grey, from 1890 to 1939, are estimated. Recent data is from the US Department of Labor, LNU04000000
The lowest unemployment rate was in North Dakota at just 2.7%, while New Mexico had the highest unemployment rate at 6.7%. Unemployment rates have recovered dramatically in all the states since ...
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Stocks are seeing a post-unemployment pop today now that the rate has dipped to 7.8% as the lowest since January 2009. ... but one thing that investors can agree on is that charts rarely have to ...