America’s Divided Recovery: College Haves and Have-Nots

Source: Anthony P. Carnevale, Tamara Jayasundera, Artem Gulish, Georgetown University, Center on Education and the Workforce, 2016

From the summary:
Over 95 percent of jobs created during the recovery have gone to workers with at least some college education, while those with a high school diploma or less are being left behind. America’s Divided Recovery: College Haves and Have-Nots reveals that those with at least some college education have captured 11.5 million of the 11.6 million jobs created during the recovery. While jobs are back, they are not the same jobs lost during the recession. The Great Recession decimated low-skill blue-collar and clerical jobs, whereas the recovery added primarily high-skill managerial and professional jobs.

Key Findings:
– Graduate degree holders gained 3.8 million jobs, Bachelor’s degree holders gained 4.6 million jobs, and Associate’s degree holders gained 3.1 million jobs, compared to workers with a high school diploma or less, who added only 80,000 jobs.
– Workers with at least some postsecondary education now make up 65 percent of the total employment. Bachelor’s degree. holders now earn 57 percent of all wages.
Among industries, consulting and business services added the largest number of jobs in the recovery (2.5 million).
– Management added the largest number of jobs of any occupation since the recession began (1.6 million), and healthcare professional and technical occupations added the second most jobs (1.5 million)