A better educated class of unemployed

President Obama said in a speech sometime back that everybody should get some education beyond high school.  This might be a good thing, but, in itself, it does nothing to create jobs.  A majority of the unemployed now have some education beyond high school. Without an increase in available jobs, all that increased college enrollment will do is raise the bar for getting a job, and create a better-educated class of unemployed.

Click on College Graduates, Dropouts Now Account for Majority of Jobless 25+, First Time Ever for background information and the source of the chart from Investors’ Daily.

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