Everyone is hearing all the scary unemployment numbers; unemployment is at 8.1%, representing millions of people all taxing the unemployment system of every state. But what does that really mean to your clients?
Even today, the college-educated population unemployment rate is 4.1%. That number represents 1,850,000 individuals with bachelorâ€™s degrees or higher that are unemployed. Over 43 MILLION people with a bachelors degree are still employed! And guess who your client wants!
Now letâ€™s dig deeper into the number of degreed people. By region, according to the US Census bureau, 27.5% of the United States population has a four year degree or higher. Some areas of the country have easier to find degreed individuals for instance, in the Northeast, the percentage is 31.5% while inÂ the South it is 25.4%.
Want to go even deeper? In 2007, the percentage of people with a bachelorâ€™s degree by age looked like this:
25 to 29 years Â Â Â Â 27.4%
30 to 34 years Â Â Â Â 31%
35 to 39 years Â Â Â Â 31.9%
40 to 44 years Â Â Â 29%
45 to 49 years Â Â Â 27.7%
50 to 54 years Â Â Â 28.9%
55 to 59 years Â Â Â 31%
60 to 64 years Â Â 28.3%
65 years+ Â Â Â Â Â Â Â 19.3%
(.2 margin for error)
In 2007, according to the National Center for Education Statistics, 1,524,000 bachelorâ€™s degrees were awarded nationwide. Of those, 22% were in business, 11% were in Social Science and History, and 7% were in Education.
In the chart below, we see how the fields of study have changed over the years. People graduating in 1996 now have around 13 years of experience.
The following fields grew over 30% from 2001 to 2006:
Visual and Performing Arts
Transportation and Material Moving
Philosophy and Religious Studies
Parks and Recreation
Mathematics and Statistics
Security and Protective Services
This and a whole host of other information is available to share with your clients. If you need additional statistics or would like to find something specific, contact the Pedestal Group at 330-952-1121.