Unemployment rate for college graduates fell in March

By The Associated PressFeaturesAssociated Press

The path of unemployment rates in March diverged along education levels.

For people without high school diplomas, unemployment jumped to 5.9%, the highest level in five months. By contrast, the jobless rate for college graduates fell to 2%, the lowest point in five months.

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The unemployment rate for veterans of the wars in Iraq and Afghanistan fell to 3.1% from 3.4% in February.

The Labor Department said Friday that employers added a solid 196,000 jobs in March. The overall unemployment rate held steady at 3.8%.

The data for demographic groups came from a survey of households that is part of the Labor Department's monthly jobs report.