Education Level Not a Factor in Long-term Unemployment

The following press release was published by the U.S. Congress Committee on Ways and Means on April 28, 2014. It is reproduced in full below.

According to new data from the Department of Labor, the long-term unemployment rate in 2013 was virtually the same across varying types of education level. More than a third of the approximately 10.5 million Americans who are currently unemployed have been out of work for more than six months.

SOURCE: U.S. Bureau of Labor Statistics, Current Population Survey.

NOTE: Educational attainment estimates refer to persons age 25 and over. Incidence is defined as the percentage of all unemployed who were jobless for 27 weeks or longer.

Source: U.S. Congress Committee on Ways and Means