(CNSNews.com) — There was a net decline of 406,000 in the number of Americans age 25 or older with a bachelor’s degree or higher who were working in the United States in June, according to the Bureau of Labor Statistics.
A net of 309,000 in this demographic simply dropped out of the labor force, which means they neither had a job in June nor actively tried to find one, according to BLS.
The number of Americans age 25 or older with a bachelor’s degree or higher who were “unemployed” — meaning they did not have a job but did actively try to find one — increased by 96,000 in June.
According to the new seasonally adjusted numbers that BLS released on Friday, there were 46,355,000 Americans age 25 or older with a bachelor’s degree or higher who held jobs in May. In June, that number fell to 45,949,000 — a decline of 406,000.