Jobless crisis hits white-collar workers too

By Allison Linn

The conventional wisdom is that if you go to college and get a white-collar job, you?ll be on a much safer path to prosperity.

Although that?s still relatively accurate, a new analysis from the Economic Policy Institute finds that not even white-collar workers have been safe from the high unemployment that has defined much of the past few years.

The unemployment rate for white-collar workers has been above 6 percent since April of 2009, according to the EPI?s analysis of Bureau of Labor Statistics data.

That?s still much lower than the overall unemployment rate, which stands at around 9 percent. But it is double the unemployment rate for white collar workers before the recession began.

The EPI says the last time the unemployment rate for white-collar workers was above 6 percent was during a six-month period that ran between November of 1982 and April of 1983.

Related:

Living paycheck to paycheck, or worse

Unemployment is the problem, but Americans see no clear solution?

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Have you been affected by the high jobless rate?

Source: http://lifeinc.today.com/_news/2011/09/28/8020666-unemployment-crisis-hits-white-collar-workers-hard-as-well

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