00:01
I want to find the unemployment rate for people with each level of education and how does unemployment rate change with education the unemployment rate would be the amount of unemployed so if you take the employed and subtraction of labor force what's left over is the unemployed so let's start with the didn't finish high school if you subtract 11 ,408 from 12 ,470, that leaves 162 unemployed out of the 12 ,470 that are in the labor force.
00:45
And that is 0 .0856, or we would say that is about 8 .5 % unemployed.
00:56
Now, if they have a high school but no college, if you subtract the difference between 7 ,0834 and 35 ,857 leaves you the unemployed, that would be 1 ,97 out of the total in the labor force at that level.
01:17
That's 37 ,834, and that calculates 0 .0523.
01:24
Or you would say that's about 5 .23 % unemployment rate for those in high school but no college...