Well-Educated but Idled, Perils of Casual Friday, Etc.

Who endured the brunt of unemployment during the late (we hope) recession? A report by the Economic Policy Institute shows a disproportionate number of pink slips went to people who’d been to college. When the economy began to stall, college graduates constituted 17 percent of the total jobless, while people with some college accounted for 22 percent. Between October 2000 and February 2002, though, 26 percent of those who lost a job were college graduates and 30 percent had “some college.”