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However advanced degrees can lose their talismanic power. Once they turn out to be unemployed, faculty-educated employees are simply as probably as high school grads to wind up unemployed for an extended period of time. Throughout the yr ending last June, 12.4 percent of jobless workers with highschool diplomas had been out of labor 99 weeks or longer, according to a Congressional Research Service report Among unemployed People with a bachelor’s degree, 11.three p.c had been jobless 99 weeks or longer – a statistically insignificant difference. And sadly for Sunseri, staff older than 45 are more than twice as seemingly as workers youthful than 35 to wind up jobless for that lengthy.

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