Job Losses Persist for the Less Educated

By RICHARD PÉREZ-PEÑA

Article Reprint

After suffering the largest share of job losses in the recession, Americans with no more than a high school education have continued to lose jobs during the sputtering recovery while better-educated people have gained millions of jobs, according to a Georgetown University study. Over nearly five years of financial turmoil, Americans across a broad spectrum have suffered blows to wages, benefits and savings. But when it comes to employment, the crux of financial survival, the study revealed a tale of sharply different economies, defined by education.

Even during the recession, as millions of jobs vanished, the number of people with bachelor’s degrees who had jobs did not decline. And even as employment rose during the recovery, people who did not go to college continued to lose ground, shedding 200,000 jobs from early 2010 to early 2012.

Leave a Reply

Your email address will not be published. Required fields are marked *