Educated workers doing better in this recession

It’s not going to be easy, but knowledge workers are likely to get through the recession in better financial shape than other workers. Here’s some encouraging statistics from the USA:

One statistic which surprised me was the unemployment rate for college graduates. It stands at 3.3 percent compared to the high-school level which is over 11 percent. Clearly the demand for knowledge workers still exists, even in this depressed market. As we enter the recovery and leading-edge Baby Boomers gain enough confidence to retire this statistic will likely become even more startling.

via M Squared Consulting » Travelogue Entry » The State of the Contingent Workforce.

While these numbers are for America, Australia and New Zealand will be comparable.