White women ages 25 to 44 with a college degree face the lowest unemployment rate in the country – 3.6 percent. Their male peers fall in second place – 3.9 percent. Black men and women of the same age and education groups face 6.7 and 8.3 respectively.
The jobless rate is wildly different for various subsets of the American workforce, something we’ve known all along, but until now was hard to visualize. The New York Times unveiled an interactive chart today that displays the unemployment rate since the start of the recession for various groups according to race, gender, age and education levels.
Based on the Bureau of Labor Statistics (BLS) Employment Situation Report, the online application offers a better measure of the likelihood of unemployment faced by your social peer group, but how many of us define ourselves professionally by our gender or race?
A college educated white women between 25- and 44-years-old suffers less than a 1 in 20 chance of being laid off, based on these nationwide figures. But what of her peers who work in media sales? Or live in St. Louis? Or hold degrees in architecture? Those are the peer groups one is more likely to compete with for employment.
For a better understanding of the employment market you face, the best best is still to dive into the copious data reported each month and week by the BLS.
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