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Things are looking up for the college class of 2017, but not their high school peers

It took 10 years, but the college class of 2017 is finally doing as well as its peers who graduated just before the recession. Those graduating in 2017 with just a high-school diploma? Not so much.

The unemployment rate for young college graduates is 5.6% compared with 5.5% in 2007, according to a report released Thursday by the Economic Policy Institute, a think tank focused on economic justice. The jobless rate for young high school graduates is 16.9% compared with 15.9% in 2007. What’s more, they’re paid 4.3% less today in inflation-adjusted wages than they were paid in 2007.

The report continues a trend over the last several years of improving job prospects for young college graduates after years of leaving school in a tough labor market.

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