Unemployment rate for college graduates fell in March


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WASHINGTON (AP) — The path of unemployment rates in March diverged along education levels.

For people without high school diplomas, unemployment jumped to 5.9%, the highest level in five months. By contrast, the jobless rate for college graduates fell to 2%, the lowest point in five months.

The unemployment rate for veterans of the wars in Iraq and Afghanistan fell to 3.1% from 3.4% in February.

The Labor Department said Friday that employers added a solid 196,000 jobs in March. The overall unemployment rate held steady at 3.8%.

The data for demographic groups came from a survey of households that is part of the Labor Department's monthly jobs report.

Unemployment rate by group:
(Numbers in percentages)March 2019February 2019March 2018
White3.43.33.6
Black6.77.06.8
Asian3.13.13.1
Hispanic or Latino ethnicity\*4.74.35.1
Adult men3.63.53.7
Adult women3.33.43.6
Teenagers12.813.413.4
20-24 years old7.27.26.7
25-54 years old3.23.23.4
55 and over2.72.73.2
Veterans of Iraq/Afghanistan\*3.13.45.0
No high school diploma5.95.35.6
High school graduate3.73.84.3
Some college3.43.23.5
College graduate2.02.22.2
Duration of Unemployment:
Average length (weeks)22.221.724.2
Jobless 6 months or more (pct.)21.120.420.6
\*Includes all races
Source: Labor Department

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