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Jobs and college
January 5, 2012 - Jim Anderson
Is college worth it?
The unemployment rate for recent college graduates with a bachelor’s degree has been running at about 8.9 percent, according to the Georgetown Center on Education and the Workforce.
But the university study also shows this:
— Unemployment among job seekers with no better than a high school diploma is 22.9 percent.
— For high school dropouts, the jobless rate is 31.5 percent.
According to the study, jobless rates are fairly low (5.4 percent) for recent graduates in engineering, the sciences, education and health care.
Because of the downturn in construction and housing, recent graduates who majored in architechture are seeing a jobless rate of 13.9 percent.
The full report, Hard Times, College Majors, Unemployment and Earnings: Not All College Degrees Are Created Equal is available at http://cew.georgetown.edu/unemployment/
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