[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-321835-105":3,"detail-sidebar-cat-0-en-105":81,"doc-detail-321835-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","school-dropouts-september-1962","School Dropouts - September 1962","","Between January and October 1961, about 350,000 young people over age 16 left elementary or high school before graduation. Dropouts faced a serious disadvantage in the job market, with an estimated 26.8% unemployment in October 1961 among those who left school in 1961. Unemployment declined with age and experience, yet dropouts continued to suffer higher rates, including a 1959 dropout unemployment rate twice that of 1959 graduates.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/exam/","Exam",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/school-dropouts-september-1962/321835/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/school-dropouts-september-1962/321835.png","ImageObject",300,407,{"name":42,"@type":43},"Liam","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-30","2026-09-21",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",8,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"How many young people left school before graduation between January and October 1961?","Question",{"text":63,"@type":64},"About 350,000 young people over age 16 left elementary or high school before graduation.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"What was the unemployment estimate in October 1961 for those who left school in 1961?",{"text":68,"@type":64},"An estimated 26.8% of those who left school in 1961 were unemployed in October 1961.",{"name":70,"@type":61,"acceptedAnswer":71},"Do unemployment rates differ between dropouts and graduates as people grow older?",{"text":72,"@type":64},"Yes. Unemployment rates for both groups decline with age and more job experience, but school dropouts continue to experience considerably higher unemployment than graduates.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},321835,1791542713,{"code":4,"msg":82,"data":83},"success",[84,88,92,95,100,105,110,114,119,122,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Story & 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overage 16 left elementary or high school before graduation.Nine out of10 were 16 to 18 years of age.Proportionately,there were more malesamong dropouts than among June graduates,while more of the womendropouts were married.  \nIn the competition for jobs,school dropouts are at a serious disadvantage.An estimated 26.8%of all those who left school in 1961 were unem-ployed in October that year.This compares with 17.9%unemploymentamong 1961 high school graduates who did not enroll in college.  \nRates of unemployment for both dropouts and graduates decline as theygrow older and obtain more job experience.However,school dropoutsare apparently unable to overcome their disadvantage in job marketsand continue to suffer considerably more unemployment than gradu-ates.As of October 1961,those who had dropped out of school in1959 had a rate of unemployment twice as high as that for graduatesof that year.  \n# PLANS TO BUY\n\nConsumers in July reported about same number of plans to buy housesand new automobiles as in April,according to data from most recentQuarterly Survey of Consumer Buying Intentions.Plans to buy house-hold durable goods declined less than in corresponding period of otherrecent years,and plans to buy used cars remained strong.In July,plansto buy new cars equaled those a year earlier,and plans to buy used cars,houses,and household durable goods were somewhat higher.  \nSlightly fewer consumers than in other recent surveys expected theirincomes to increase during coming year,and a correspondingly higherproportion expected their incomes to remain unchanged.Slightly fewerfamilies than in other recent surveys reported an increase in income overpreceding year.  \n# COST-OF-LIVING ADJUSTMENTS\n\nBased on July index,about 950,000 workers are scheduled to receive in-creases of 1-cent an hour as a result of a quarterly review of cost-of-living allowances under union contracts.These include approximately780,000 employees in automobile and automobile parts industries,  \n75,000 workers in farm equipment industry,and 65,000 in aerospaceindustry.Remaining 30,000 workers are employed by a variety of metal-working firms.In addition,about 15,000 employees of trucking frmswill receive 3-cent increases on the basis of annual or semi-annual reviews.  \nCONSUMER FINANCIAL BEHAVIOR  \nIndexes of consumer financial behavior for 2nd quarter 1962 showed con-sumers in much improved income position.Increased expenditures in2nd quarter reflected increase in durable goods purchases,continuingupward trend in service expenditures and some increase in nondurablegoods purchases.Personal taxes continued their upward trend and savingwas at a high level.Credit extended went up with increase in durablegoods expenditures.(All income and expenditure indexes reflect August1962 Department of Commerce revisions.)  \nIndex for personal income in 2nd quarter was at all-time high of 120.3(20.3%above 1957-59 average),up from 118.3 in lst quarter and 117.0in last quarter 1961.Index for personal taxes was at high of 131.4-upfrom 128.5 in lst quarter and 124.4 in last quarter 1961.  \nDisposable personal income index at 118.8 was up from 116.9 in lstquarter,and personal saving index at 112.1 was up from 105.8  \nIndex of expenditures on durable goods at 116.8 was up from 114.6,aspurchases of automobiles increased while purchases of other consumerdurable gn ds showed little change.  \nIndex of expenditures on services continued steady growth of about 2points per quarter moving from 125.6 to 127.6 in 2nd quarter.Nondur-able goods index rose one point to 113.4 in 2nd quarter.  \nConsumer instalment credit showed greatest expansionary tendency sincelst quarter 1960 as index of credit extended increased to 126.9(from119.0 in lst quarter)compared to index credit repaid of 122.1 in 2ndquarter.  \nCONSUMER CREDIT  \nConsumer credit outstanding at end of June totaled $58.3 billion.Instal-ment credit a","cbCaii7aUfpSqIJw","https://ap.wps.com/l/cbCaii7aUfpSqIJw","pdf",1391596,"English","# School Dropouts\n# Plans to Buy\n# Cost-of-Living Adjustments\n# Consumer Financial Behavior\n# Consumer Credit\n# Finance Facts\n## Business Activity","[{\"question\":\"How many young people left school before graduation between January and October 1961?\",\"answer\":\"About 350,000 young people over age 16 left elementary or high school before graduation.\"},{\"question\":\"What was the unemployment estimate in October 1961 for those who left school in 1961?\",\"answer\":\"An estimated 26.8% of those who left school in 1961 were unemployed in October 1961.\"},{\"question\":\"Do unemployment rates differ between dropouts and graduates as people grow older?\",\"answer\":\"Yes. Unemployment rates for both groups decline with age and more job experience, but school dropouts continue to experience considerably higher unemployment than graduates.\"}]","School Dropouts - September 1962 | PDF",1789960376]