A new study finds that 12.4 percent of black college graduates were unemployed. For all college graduates, the unemployment rate stood at just 5.6 percent.

JANELL ROSSNATIONAL JOURNALMAY 27, 2014

The Ivy-League-educated barista who can't find a job that pays enough to live anywhere besides her childhood bedroom. The freshly minted MBA and law school graduates strapped with debt and frustrated about the six-figure jobs and master-of-the-universe titles that haven't materialized. 

Nearly five years after the Great Recession officially ended, the struggles and dampened expectations of young college graduates have become a fixture of American politics and even popular culture. But amid all the focus on the difficulties of college-educated millennials, one facet of this upheaval has remained largely unexplored: the continued significance of race.

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More New Orleans high school grads entering college, but racial disparities persist, report says

• BY DELLA HASSELLE | dhasselle@theadvocate.com 
• APR 18, 2019 - 2:30 PM

And those who entered the workforce without getting a degree were likely to get very low-paying jobs, largely because Orleans Parish has an economy that is less diversified than other parts of the country and is dependent upon low-paying industries, researchers said.

It also has lower job growth and higher unemployment rates. In all, that results in a lower median household income: $38,700 in 2017, compared to $57,700 nationally.

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