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Fri November 4, 2011
32 Ways Of Looking At Unemployment, In One Chart
Originally published on Mon November 7, 2011 2:14 pm
The unemployment rate fell slightly to 9 percent in October, according to this morning's big jobs report. But this single number hides a huge variation among different groups.
For high school grads in their early 20s, for example, the unemployment rate is about 18 percent. For college grads in their 30s and 40s, the rate is under 5 percent.
The chart below allows you to explore these differences in detail. You can see how the unemployment rate has changed over time for people of all ages and all levels of educational attainment.
While the rate varies from group to group, the same trend holds constant for almost everyone: Unemployment shot way up in 2008 and 2009 and is still far higher than it was before the recession.