Thursday, December 29, 2011

Two Tiered Society


Irene and I have often commented on how we do not have many (if any) friends who are out of work because of the recession.  However, I now realize that all of our friends are college educated and the jobless rates is a two tiered statistic:
College educated unemployment is 4.4 percent
High school degree only is 8.8 percent (high school dropouts are at 13.2 percent!)
(source: http://www.bls.gov/news.release/empsit.t04.htm)

Yet another example of how society is losing the middle and bifurcating into the haves and the have-nots.

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