Macroeconomics
Essay by 24 • December 1, 2010 • 395 Words (2 Pages) • 1,263 Views
In October 2005, 68.6 percent of high school graduates from the class of
2005 were enrolled in colleges or universities, according to data released
today by the U.S. Department of Labor's Bureau of Labor Statistics. The
college enrollment rate for recent high school graduates was a historical
high for the series dating back to 1959.
Information on school enrollment and work activity is collected monthly
in the Current Population Survey (CPS). Each October, a supplement to the
basic CPS gathers more detailed information on full-time and part-time
enrollment status, level of education, and enrollment status a year earlier.
The CPS is a monthly nationwide survey of about 60,000 households that obtains
information on employment, unemployment, earnings, demographics, and other
characteristics of the civilian noninstitutional population age 16 and over.
Additional information about the October supplement is included in the Tech-
nical Note.
Recent High School Graduates and Dropouts
Of the 2.7 million youth who graduated from high school between October
2004 and October 2005, 1.8 million (68.6 percent) were attending college in
October 2005. The college enrollment rate of young women, 70.4 percent,
continued to exceed that of young men, 66.5 percent. Asians were more likely
than whites, blacks, and Hispanics to be enrolled in college in the fall
following their high school graduation.
Among recent high school graduates enrolled in college, 91.2 percent were
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