Friday, May 25, 2012

Another Failing of the Stimulus: More College Grads Than Ever Unemployed

Well, I'm still looking at what the $1 trillion in "stimulus" and $5 trillion added to the deficit has actually done for anyone. It seems for the first time in American history there are more people that have degrees or have some college experience are unemployed than those who dropped out or graduated high school. Hows that for Hope and Change?

Seasonally unadjusted BLS data from April show that about 4.7 million of the nation's 9 million unemployed either graduated from a four-year or a two-year college program or attended college for some time before dropping out. A smaller 4.3 million share of America's unemployed graduated only from high school or didn't finish high school. Jed Graham from Investor's Business Daily graphed the change.

Of course this article has to pound the point home that the class of 2012 are a bunch of lazy morons as well. If I were that sleeping grad I would sue the AP for making me look like crap:

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