Long-Term Unemployed More Likely to be Highly Educated, Older, and Black

After all of that hard work getting a degree(s) - a report finds that the long-term unemployed are more likely than the short-term unemployed to be older, non-Hispanic black, and wait for it .... have higher levels of education than the short-term unemployed.

"The long-term unemployed are more likely than short-term unemployed to be older, have higher levels of education, and be non-Hispanic black." (link)

This report might give those considering entering higher education in the face of mounting student loan debt a moment of pause.

Of course, older unemployed black people will also probably find the report disheartening.