Porterville Recorder

Virus exposes divide: college vs. non-college

- By JOSH BOAK AP Economics Writer

BALTIMORE — For an American workforce under continuing threat from the coronaviru­s, the best protection might just be a college degree.

Friday’s jobs report for May delivered a major pleasant surprise, with lower unemployme­nt and 2.5 million added jobs, instead of the darkening picture that had been widely expected.

Yet the damage inflicted on the job market since February has highlighte­d a widening line of inequality based on education. In a nation in which a majority of workers lack a degree, college graduates are far more likely to be inoculated from the pain.

In May, the overall unemployme­nt rate was 13.3%, down from 14.7% in April. For workers with only a high school diploma, the jobless rate was 15.3%. For college graduates, it was just 7.4%.

Fewer than half of high school graduates are now working. Twothirds of college graduates are.

The roughly 20 million jobs lost in the aftermath of the coronaviru­s are amplifying the economic inequaliti­es between college graduates and other workers that have been evident for years, said Anthony Carnevale, director of the Georgetown University Center on Education and the Workforce, who has long studied the topic.

“It’s laying bare the class and racial difference­s in America,” Carnevale said. “It’s very plain to see because it all shows up in the data.”

At a time when advanced education has become increasing­ly vital to household prosperity, nearly two-thirds of Americans lack a college degree.

About 90% of the jobs that were added during the first three years of the Trump presidency went to college graduates. Census Bureau figures show that the average college graduate’s income is twice as high as high school-only workers.

And at a moment when the country is confrontin­g the challenges of racism and police abuses, the preference for college degrees is widening the racial wealth gap: 78% of college graduates are white.

Workers with the least education are typically the first to be let go, Carnevale noted, and frequently the last to be rehired. College graduates who lose jobs are, on average, more likely than non-college grads to be hired at the start of a recovery.

The pattern is somewhat different this time. In the past, unemployed workers could typically return to school to acquire new hands-on skills or earn a degree. This opportunit­y often paved a way for high school graduates to return to the workforce.

Yet it’s a path that the coronaviru­s has obstructed, with college campuses closed and classes shifting online, where hands-on training and education are more difficult. For the unemployed, it has left the benefits of a degree less certain just as so many are struggling financiall­y and are less able to pay for further education.

“One of the safe havens is no longer available for a lot of people,” Carnevale said.

Those who already have degrees, by contrast, are generally faring better.

Josh Kampman, 32, lost his job in mid-march with a San Diego e-commerce company that laid off about one-third of its staff because of the pandemic. A graduate of the College of Charleston, Kampman was unemployed for only a couple of weeks before landing a position with a political data company that enables him to work from home.

The new position doesn’t pay as much. But it strikes Kampman as about as stable as can be expected during such a severe economic downturn.

“For the most part, I feel pretty secure,” he said. For many workers without a college degree, the coronaviru­s has forced a painful choice: Unemployme­nt or working a job that risks exposure to the disease because of frequent face-to-face contact with groups of customers.

Only 20% of high school-only graduates are working from home.

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