Despite uncertain impact of world events, economic growth slowly continues After having expanded at an annualized rate of 3.1 percent at the end of 2010, our total economic output grew at an annual pace of 1.8 percent last quarter, the Commerce Department reported this week. This quarter’s moderate growth pace marks the seventh straight quarter of positive …
Tag Archive: unemployment rate
Mar 17
For JOBS, education still matters
Looking at this graph showing the unemployment rate according to four levels of education, one is clearly struck that, yes, education matters regarding jobs. The data starts in 1992 and includes only one previous recession (the stock/tech bust in 2001). You will notice that early last year those with “less than a high school diploma” recovered a little better than the …
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