Can you give sources for your stats? For instance, when I looked at the BLS for the unemployment rate for people with four year degrees this morning, it did not appear to be U6 (which was listed as a separate metric) and furthermore only accounted for people who were at least 25 years old.
I think that it's reasonable to assume that the average college grad is < 25, so that statistic doesn't necessarily reflect the experience of the recently graduated.
If you take people with high school or higher education who are > 25, there are 5.5 million unemployed. I'd be curious to know what that number changes to if you lower the age to 22 or so.
I think that it's reasonable to assume that the average college grad is < 25, so that statistic doesn't necessarily reflect the experience of the recently graduated.
If you take people with high school or higher education who are > 25, there are 5.5 million unemployed. I'd be curious to know what that number changes to if you lower the age to 22 or so.
See http://www.bls.gov/news.release/empsit.t04.htm