As the U.S. recovery lumbers into its eighth year, Americanswith at least some higher education have fared especially well inthe labor market. The less-schooled, however, have found amuch grimmer reality.

|

Related: Top college grads aren't always top workplaceperformers

|

Of the 11.6 million jobs added since the rebound tookhold in 2010, about 99 percent — or 11.5 millionjobs — were filled by people with either at leastsome college education, a bachelor's degree or better, according toa study by Georgetown University's Center on Education and theWorkforce.

|

Only 80,000 spots went to workers with a high school diploma orless, according to the report authored by Anthony Carnevale,Tamara Jayasundera and Artem Gulish.

|

Related: 5 things the government is doing about student loandebt

"It’s not just a factor of a more educated population, it’s how thelabor market is changing," said Jayasundera in an interview."The labor market is demanding a more skilled workforce."


The disparity points to a longer-term change in occupationalpatterns. Industries increasingly require higher-skilled workers,the authors wrote.

|

In the manufacturing sector, a majority of jobs regained havegone to workers with more than a high school diploma. Technologicaladvancements and automation have eliminated the need for clericaland administrative roles as well as hands-on jobs in sectors likeconstruction, as those areas had some of the weakest jobrecoveries.

|

Related: 60 percent of parents say they'll go into debt forkids' college

|

The growing supply of college-educated Americans has alsocontributed to the stark differences in labor-marketoutcomes. This year, for the first time ever, the shareof people in the workforce with a bachelor's degree orhigher education overtook the share of those with a highschool diploma or less, according to the study.

The resulting divide between the "college haves" and "collegehave-nots" will have an impact on the socioeconomic makeup ofAmerica. In the past, men and women without a college educationwere able to work their way up to mid-level jobs with benefits andbuild out a middle-class lifestyle for their families, the authorssaid. Those opportunities are now harder to come by.

|

"The post-Great Recession economy has divided the country alonga fault line demarcated by college education,'' according tothe report. "For those with at least some college education, thejob market is robust ... By contrast, workers with a high schooldiploma or less hear about an economic recovery and wonder whatpeople are talking about."

|

Copyright 2018 Bloomberg. All rightsreserved. This material may not be published, broadcast, rewritten,or redistributed.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.