Grads' underemployment falls.
Five years into the economic recovery, the underemployment rate for college grads has finally started to fall, from 10.2 percent at the Great Recession's height to 6.2 percent now. College graduates are also faring better than high school graduates when it comes to being underemployed (defined as those who want a job but don't have one and those who have only a part-time job instead of a full-time one).
According to an analysis by the Georgetown University Center on Education and the Workforce, the rate of underemployment for high school grads has fallen as well, but only to 13 percent. Racial disparities still exist, however, in the rate of underemployment. White workers with some college or an associate degree have an underemployment rate of 8.2 percent, much lower than that of African-Americans (14.6 percent) and Hispanics (10.8 percent). The same disparities can be found among those with bachelors degrees, with the rate for Whites averaging 5.2 percent compared with 9.7 percent for African-Americans and 8.4 percent for Hispanics. The racial differences begin to markedly converge among workers holding graduate degrees: underemployment for White workers hit 3.8 percent versus 6.0 percent for African-Americans and 6.1 percent for Hispanics.
Undermployment Rate fir College Graduates: 6.2%
|Printer friendly Cite/link Email Feedback|
|Publication:||Diverse Issues in Higher Education|
|Article Type:||Brief article|
|Date:||Dec 31, 2015|
|Previous Article:||Military grads at risk.|
|Next Article:||Book of note.|