The widening mismatch between an oversupply of college-educated workers and a deepening shortage of talent for non-degree, hands-on jobs has grown even more pronounced.

Bloomberg reports that the latest delayed BLS data shows a sharp deterioration in white-collar jobs, especially those holding four-year degrees, now making up a record 25% of all unemployed - or about 1.9 million folks, the highest level since 1992.

The unemployment rate for bachelor's degree holders climbed to 2.8% in September, while joblessness for other education groups remained relatively the same. Young degree-holders are getting squeezed the most: unemployment for ages 20 to 24 jumped to 9.2%, an increase rarely seen outside recessions.