The jobless rate differential between people with less than a high school education (13.3%) and college grads (4.3%) hits a 17 year high. This is pretty bad news for working class people who are really affected by marginal changes in mortgage rates and credit availability.
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Friday, April 3, 2009
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6 comments:
this should not surprise anyone.
On the plus side this is going to take care of the immigration (illegal) problem right quick.
24 mo ago all I hear was Mexicans will do work that no American would do.
Now that American wages will soon undercut Chinese, that won't be quite the issue.
Send this market up another 5000! Labor costs almost negligible for US multinationals!
The real bad news was in SRS... lol!
well then we need to reopen high schools for older people who aren't working but want to finish.
^^That's what GED's are for dummy. Take it you have yet to receive yours.
i have a phd but no high school degree so how does this news affect me?
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