The Bureau of Labor Statistics recently released its annual analysis of what high school graduates were doing In October 2015, with 69.2% of the class of 2015 enrolled in colleges or universities and 72.7% of those who chose not to go to college having entered the workforce. Among those who did enroll, 36% were in the workforce. Three million 16- to 24-year olds graduated between January and October 2015.
The college enrollment rate of recent high school graduates in October 2015 was up slightly from the October 2014 rate of 68.4%). For rate was 72.6 percent for women; and 65.8% for men; 83% for Asian students; 71.1% for White students, 68.9% for Hispanic students and 54.6% for Black students.
Among those enrolled in college, roughly 9 in 10 were full-time students. Recent graduates enrolled as full-time students were about half as likely to be in the labor force (32.9%) as were their peers enrolled part time
(69.3%). About 2 in 3 grads attended 4-year colleges. Of these students, 29.5% participated in the labor force, compared with 47.3% of recent graduates enrolled in 2-year colleges.
Among other findings:
- Recent high school graduates not enrolled in college in the fall of 2015 were much more likely than enrolled graduates to be in the labor force (72.7% compared with 36%).
- The unemployment rate for recent high school graduates not enrolled in college was 20.7% versus 12.6% for recent graduates enrolled in college.
- Between October 2014 and October 2015, 521,000 young people dropped out of high school.
- The labor force participation rate for recent dropouts was 45.9%; for recent high school graduates not enrolled in college it was (72.7%).
- The jobless rate for recent high school dropouts was 19.8 %; for recent high school graduates not enrolled in college it was 20.7%.
- In October 2015, 57% of the nation's 16- to -24 year olds, or 21.9 million people, were enrolled in high school (9.6 million) or in college (12.3 million).
- The labor force participation rate (36.2 percent) of youth enrolled in school was down
- from October 2014 to October 2015. The unemployment rate for this group (8.8 percent)
- was also down over the year. (See table 2.)
- In October 2015, 16.5 million persons age 16 to 24 were not enrolled in school.
- The labor force participation rate of youth not enrolled in school increased over the year from 78.9% to 80.1%.
- The unemployment rate for youth age 16 to 24 not enrolled in school declined over the year from 13.7% to 11.7%.
- Among not-enrolled youth who did not have a high school diploma, unemployment rates in October 2015 were 27.0% for men and 22.6% for women. In contrast, the jobless rates of young men and women with at least a bachelor's degree were 4.5% and 7.7%, respectively.