austin2359 on 26 November 2011
Here is an in depth economic analysis which shows that college graduates fared worse than the rest of the older population, and that unemployment is cyclical, not structural. Meaning the unemployment is not a result of a mismatch of skill sets or being in the wrong geographical location, but directly a result of the bad economy caused by the recession.
http://www.frbsf.org/publications/economics/letter/2011/el2011-09.html
