Share of Health Care Graduates in Selected Industries vs. Lag of Unemployment Rate. Source: IPEDS 2005–2017, and BLS LAUS (2005–2017). Notes: Figure shows coefficients and confidence intervals of the unemployment rate at t−1. Regressions control for county and year-fixed effects. Regressions are weighted by population counts. Economic condition controls include median household income, poverty rate, and working age population. 95% confidence intervals are obtained from heteroskedasticity robust standard errors clustered at state level. Healthcare graduates in top 4 professions from IPEDS refer to county graduates with CIP codes 51.38, 51.39 for Registered, Practical Nursing, Nursing Admin and research and 51.8, 51.07 for Allied Health and Health Care Medical Admin Services (Panel A). Healthcare graduates in less than 1 year degree refer to county graduates with award degree equal to IPEDS category 1 (Panel B). Healthcare graduates in for profit institution refer to county graduates in IPEDS categories 3, 6, and 9 (Panel C).