Sunday, May 6, 2012

This week in the War on Workers: Underemployment is real, and affected by education level

Here's one of the reasons so many people think it's worth taking on piles of student debt to get a college degree:

Chart of underemployment by education level: more education, less underemployment (Economic Policy Institute)

This chart shows undermployment'defined as "Unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force"'for different education levels. And while college graduates aren't doing fabulously well, there's no question people who haven't attended college are doing worse.


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