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Who Is Being Hit The Hardest?
ByAs always, the less educated:
The overall unemployment rate for the more educated is only 4.3 percent. Individuals with a high school degree, but no college, have a 10 percent unemployment rate (not seasonally adjusted). The unemployment rate for high school dropouts is 15.5 percent. Moreover, the unemployment rate gap between the most- and least-skilled is widening, not narrowing. Between February and March, the unemployment rate for college graduates increased by one-tenth of a percentage point. Among high school dropouts, the unemployment rate increased by four-tenths of a point.
Charles Murray was onto something, wasn't he?
