Since the Great Recession (the Second Great Depression), there has been yet another bifurcation in America. Some feel they haven’t recovered from the economic upset. Others feel that the recovery is complete, or at least complete enough for them. They could both be right. People with college degrees gained jobs in the recovery; and the higher the education, the better their personal recovery. People without college degrees lost jobs since the crash. They lost the jobs to people who were college-educated, even when those jobs paid poorly and didn’t require advanced education. When given the choice, employers are understandably hiring the better educated applicants. One result is yet another split in the perception of America’s condition. Some see no real problem. Others see no real solution.
(Click on the graph for the link.)
“Something Has Happened For The First Time Ever In The US Workforce” – World Economic Forum
Pretending Not To Panic 