While official employment numbers show 14 million Americans are unemployed, this does not take into account the over 11 million Americans who either want to work but who have stopped looking, or are working part time because a full-time position is unavailable. When these 11 million are considered, the employment data show that a full 16 percent of the workforce is unemployed or underemployed. The Hamilton Project also examines the importance of a good education; data show that one in three people in the United States with less than a high school diploma is either unemployed or underemployed.
A Broader Look at the U.S. Employment Situation and the Importance of a Good Education
- If we add 200,000 jobs a month, will recovery take 7 years or 12 years?January 2012
- What is Happening to America’s Less-Skilled Workers? The Importance of Education and Training in Today’s EconomyDecember 2011
- Hamilton Project Immigration Forum MaterialsMay 2012
- ECB is right to ask for more eurozone actionAugust 2012
- Where is the Best Place to Invest $102,000 — In Stocks, Bonds, or a College Degree?June 2011