Generation Dropout: Millennials Joining the Workforce Are Less Educated Than Retiring Boomers

The U.S. is the only developed nation where the newest wave of employees is less educated than their parents.
570_AP_highschool.jpg
(AP/Seth Perlman)

Things are looking grim for young Americans starting work.

According to a new report on the state of US education from the Council on Foreign Relations, Americans going into the labor force today are less educated than those retiring from it. This phenomenon is unique among developed countries. For 55- to 64-year-olds, the US has the highest percentage of high-school graduates and the third-highest percentage of college graduates; in people aged 25 to 34, the country is 10th and 13th respectively.

Screen Shot 2013-06-17 at 3.12.58 PM

According to the Bureau of Labor Statistics, people without a high-school diploma have the highest rate of unemployment and the lowest earnings.

Screen Shot 2013-06-17 at 3.24.50 PM

At its current pace, the US will need to add a little more than 200,000 jobs a month in order to close the "jobs gap" by 2020, according to the Hamilton Project. But as baby boomers (those born in the generation after World War II) continue to leave the workforce, companies are having trouble finding skilled workers to replace them.

While robots and iPads may be invading the classroom, there might be something about education we can learn by looking back--about 40 years.

Presented by

Lauren Alix Brown

Lauren Brown is the deputy commentary editor for Quartz.

Saving the Bees

Honeybees contribute more than $15 billion to the U.S. economy. A short documentary considers how desperate beekeepers are trying to keep their hives alive.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

How to Cook Spaghetti Squash (and Why)

Cooking for yourself is one of the surest ways to eat well.

Video

Before Tinder, a Tree

Looking for your soulmate? Write a letter to the "Bridegroom's Oak" in Germany.

Video

The Health Benefits of Going Outside

People spend too much time indoors. One solution: ecotherapy.

Video

Where High Tech Meets the 1950s

Why did Green Bank, West Virginia, ban wireless signals? For science.

Video

Yes, Quidditch Is Real

How J.K. Rowling's magical sport spread from Hogwarts to college campuses

Video

Would You Live in a Treehouse?

A treehouse can be an ideal office space, vacation rental, and way of reconnecting with your youth.

More in Business

Just In