Across the board, unemployment rates have doubled. However when comparing the unemployment rate of high school graduates to college graduates, The Economist reports  it is much higher for those with only a high school diploma: 9.4% compared to 4.2%. The good news however, is that unemployment rate is declining for both high school and college graduates at nearly the same rate.

The Economist explains,

Just glancing at these figures, we might assume that there's no asymmetric impact of the recession by skill-level, that all workers faced job loss at more or less the same rate, and that all workers are being reabsorbed into the workforce at more or less the same rate.

While both sets of workers are seeing a drop in unemployment rates, the decline for less educated workers is due to the exit of unemployed workers from the labour force, while the decline for more educated workers is due to an employment rise sufficient to absorb new entrants into the labour force. Those are very different paths, suggesting different kinds of recovery and different impacts on things like wage growth.

Read more about the numbers on The Economist.