The U.S. unemployment rate fell to 6.6% in January, the lowest level since October 2008. The unemployment rate has been steadily falling since it peaked at 10% on October 2009. The rate of unemployment has been significantly different depending on the education level of the labor force participant. College graduates currently have an unemployment rate of 3.2%, while those with less than a high school diploma still struggle to find work.
(Sources: Strategas Research Partners, LLC, BLS)