Unemployment rates in US show college graduates have suffered less during the Covid-19 pandemic lay offs and are more likely to land a new job
For an American workforce under continuing threat from the coronavirus, the best protection might just be a college degree.
“It’s laying bare the class and racial differences in America,” Carnevale said. “It’s very plain to see because it all shows up in the data.”At a time when advanced education has become increasingly vital to household prosperity, nearly two-thirds of Americans lack a college degree. The pattern is somewhat different this time. In the past, unemployed workers could typically return to school to acquire new hands-on skills or earn a degree. This opportunity often paved a way for high school graduates to return to the workforce.
The new position doesn’t pay as much. But it strikes Kampman as about as stable as can be expected during such a severe economic downturn.
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