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Saturday, June 13, 2009

Unemployment

I know that the current persuasion from the US Ski Team encourages people to ski full time after high school.

From the Wall Street Journal:

"The unemployment rate for workers over 25 years old who haven't gone beyond high school rose to 10% in May, nearly doubling from 5.2% a year earlier, the government said Friday. Among workers who haven't completed high school, the unemployment rate rose to 15.5%, compared with 8.4% last year.

By contrast, the jobless rate among those with four-year college degrees was 4.8%, up considerably from 2.3% a year ago, but well below the rate for people with less education."

It makes me feel so much better to be part of the much rarer 4.8% instead of the larger 10% chunk of the non-college educated demographic.

3 Comments:

Blogger Alex said...

What do you do for cash during the "off" season? I'd be interested to know how much real pros can work while still focusing on their primary job (skiing!). Or is this why you're selling the orbea? =)

June 15, 2009 9:15 AM  
Blogger LAV said...

this is why I'm selling the orbea. No job this summer, just training!

June 20, 2009 12:19 PM  
Blogger Corey said...

I know I'm just a lowly sports guy at the World, and I hear those Wall Street Journal guys are real smart, but ...

The unemployment rates for high school grads and non-high school grads has nearly doubled since last year, but the unemployment rate for college grads has more than doubled.

So doesn't that mean college grads are worse off than everyone else compared to a year ago?

June 25, 2009 12:25 PM  

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