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i am not surprised at all by the blue collar jobs that pay more than white collar. not every job requires a degree, absolutely true. but the point still remains, college grads have lower unemployment rate than non-college grads.
True but it is kind of a skewed statistic. Non college grads get the lower levels of society lumped in with them.
ibut the point still remains, college grads have lower unemployment rate than non-college grads.
But that is, perhaps, only due to the fact that the non-college grads is a group that includes a broad swath of humanity of all persuasions. including those who are marginally employable in the first place. It would be more realistic to compare unemployment rates of college grads with high school grads, or with college dropouts, which would give a true picture of whether the same theoretically educable person would have a job according to whether or not he completed college and got a degree.
In other words, of all those who could realistically have gotten a college degree, who has a lower unemployment rate? Those who did, or those who didn't? If you don't limit it to a single variable, you get skewed results.
But that is, perhaps, only due to the fact that the non-college grads is a group that includes a broad swath of humanity of all persuasions. including those who are marginally employable in the first place. It would be more realistic to compare unemployment rates of college grads with high school grads, or with college dropouts, which would give a true picture of whether the same theoretically educable person would have a job according to whether or not he completed college and got a degree.
In other words, of all those who could realistically have gotten a college degree, who has a lower unemployment rate? Those who did, or those who didn't? If you don't limit it to a single variable, you get skewed results.
about 1/3 of our country has a college degree. the comparison i did above had the high school grad employment rate also. i didn't bother posting the non-high school grad rate, because it was astronomically high. they had a stat for those with some college, and that was better than none. i'll look it up again, i can't find the article that i saw the stats in before.
But that is, perhaps, only due to the fact that the non-college grads is a group that includes a broad swath of humanity of all persuasions. including those who are marginally employable in the first place. It would be more realistic to compare unemployment rates of college grads with high school grads, or with college dropouts, which would give a true picture of whether the same theoretically educable person would have a job according to whether or not he completed college and got a degree.
In other words, of all those who could realistically have gotten a college degree, who has a lower unemployment rate? Those who did, or those who didn't? If you don't limit it to a single variable, you get skewed results.
Add in, the people I know with a degree, working at Lows, waiting tables, working at a restaurant, and otherwise doing jobs which have NOTHING to do with their degree...
I have not disputed your stats, and had not seen them. I'm disputing the relevance of comparing college-grad stats with non-college-grad stats, when one group is heavily weighted with a demographic that is marginally employable.
Your post was worded "college grads have lower unemployment rate than non-college grads", which by itself is a meaningless statement because of the heavy weighting on one side.
Well I'm not disagreeing on the "tough job market" part, no amount of anecdotal mentions that will be generated in this forum are sufficient to make that call.
If the unemployment rate for chem eng (or whatever) isn't very high then it is what it is regardless of what poster knows whatever person that is struggling.
No doubt. I probably got off track here. I was responding to the idea that everyone currently unemployed might be somewhat deserving.
All things being equal, I would rather be the guy with an advanced degree in a high demand field than his equal without creds.
I have not disputed your stats, and had not seen them. I'm disputing the relevance of comparing college-grad stats with non-college-grad stats, when one group is heavily weighted with a demographic that is marginally employable.
Your post was worded "college grads have lower unemployment rate than non-college grads", which by itself is a meaningless statement because of the heavy weighting on one side.
yes, except when you look at the numbers. so, if the data online is right, and 1/3 are college grads, that means 2/3 are not. 66% vs 33% roughly. so yes, there is substantially more non-grads. now, we'd have to also look at the data of how many jobs require a college degree vs how many do not. for instance, the original post, those jobs do not require a college degree. the million or so jobs at wal-mart that also don't require a college degree. etc etc.
i personally think, without looking further into the data, that the significantly lower unemployment of college graduates vs non-grads, even though college grads are 1/3 of the total workforce, shows that college grads are more likely to have a job...in good times and in bad. this is the general conclusion in every article i read while googling "unemployment for college graduates", or "unemployment for college graduates vs high school graduates".
the fact is, though it would be a waste of their degrees, a college graduate can also work in all the jobs a non-grad can. so their potential employer pool is exponentially larger.
this doesn't mean everyone should have a college degree, but it certainly leads me to believe more people should look into it.
No doubt. I probably got off track here. I was responding to the idea that everyone currently unemployed might be somewhat deserving.
All things being equal, I would rather be the guy with an advanced degree in a high demand field than his equal without creds.
i hope nothing i posted sounded like people were deserving of being unemployed.
i think a lot of people, of no fault of their own, have been participating in our 'inflated' economy for all these years, not realizing that at some point it could easily recede (not even anticipating the level that it actual did), and not looking to make themselves more marketable. that doesn't have to mean college degrees, advanced degrees, etc. but diversifying our skill sets is something we should all be conscious of.
anyways, back to the original points of the thread, i think any way you cut it, mcdonald's hiring people is a good thing for our economy. it's more people with jobs, more people paying taxes, more people contributing. now, on the bigger picture, hopefully these jobs being added aren't at the expense of higher-paying jobs because people are 'downgrading' to mcdonald's.....
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