Education and Skills

Something has happened for the first time ever in the US workforce

Pedestrians cross a road at Tokyo's business district September 30, 2014. Japanese big manufacturers' confidence improved slightly in the three months to September, a closely watched central bank survey showed, but service-sector sentiment worsened, adding to evidence that a sales tax hike continues to weigh on the economy. Picture taken September 30, 2014. To match JAPAN-ECONOMY/TANKAN

More U.S workers than ever have at least some college education. Image: REUTERS/Yuya Shino

Chloe Pfeiffer
Markets Reporting Intern, Business Insider

There's a new 99 percent.

A new report from Georgetown University's Center on Education and the Workforce says that 11.5 million of the 11.6 million jobs in the US created during the post-2008 recovery went to workers with at least some college education. Moreover, 73% went to workers with a bachelor's degree or higher.

According to The Wall Street Journal, that makes this year the first time in which college-educated workers outnumber those with a high diploma or less. College-educated workers (those with at least a bachelor's degree) now make up 36% of the workforce, while those with a high-school diploma or less dropped to 34%, down 5 percentage points from 2007. The other 30% of workers are those with an associate's degree or some college education.

"Jobs are back," the Georgetown report said, but "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."

Jobs filled by people with a high-school education or less fell by 5.6 million from December 2007 to January 2010, and just 80,000 have since been added. On the other hand, those filled by people with at least a bachelor's degree increased by 187,000 during the recession and then by 8.4 million during the recovery. And those tend to be the "good jobs," the report said — jobs that pay more than $53,000 a year for full-time workers and include some benefits.

 Georgetown University Center on Education and the Workforce analysis of Current Population Survey data
Image: Business Insider

Georgetown University Center on Education and the Workforce analysis of Current Population Survey data

This all adds to the economic divide between the "College Haves and Have-Nots," as the report is titled. Structural changes have led to "a clear shift in job creation" toward industries that require workers with postsecondary educational attainment — industries like healthcare, consulting and business, financial services, and government. These industries accounted for 28% of the workforce in 1946, the report says; they now account for 46%.

This shift, however, has been a long time coming. The authors of the report write that "college access and success have been the defining factors in the growing economic divide in America since the early 1980s." It is not a new phenomenon, and it is not borne of the Great Recession.

But the recession did strengthen and accelerate the economic divide. Facing a bleak job market, workers with a college education, or some college education, took the middle- and low-skill jobs that formerly went to high-school graduates, Anthony Carnevale, one of the report's authors, told The Journal.

"If you're running a pizza joint and you're going to hire somebody … then you're looking for a more highly skilled worker than you were looking for 20 or 25 years ago," he told The Journal. "It's very clear there's been some bumping effect."

More from Business Insider:

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Stay up to date:

United States

Related topics:
Education and SkillsJobs and the Future of Work
Share:
The Big Picture
Explore and monitor how United States is affecting economies, industries and global issues
World Economic Forum logo

Forum Stories newsletter

Bringing you weekly curated insights and analysis on the global issues that matter.

Subscribe today

13 leaders on the books that changed how they work, live and lead

David Elliott

December 19, 2024

From classroom to career: Building a future-ready global workforce

About us

Engage with us

  • Sign in
  • Partner with us
  • Become a member
  • Sign up for our press releases
  • Subscribe to our newsletters
  • Contact us

Quick links

Language editions

Privacy Policy & Terms of Service

Sitemap

© 2024 World Economic Forum