I love the statistics in this article. (employment, degrees, percentage)
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Who Will Struggle in 2011 - Yahoo! Finance (http://finance.yahoo.com/news/Who-Will-Struggle-in-usnews-1712944905.html?x=0#mwpphu-container - broken link)
The value of education has never been clearer. The unemployment rate for people who never graduated high school is 15 percent--depression-level joblessness. For high-school grads with no college, unemployment is 10.4 percent, and for college grads it's just 4.9 percent.
I also wonder about that, given that my college degree has yet to land me a job in the last two years. I'm happy to put down "high school graduate" on an employment application if that's all that's needed.
Who Will Struggle in 2011 - Yahoo! Finance (http://finance.yahoo.com/news/Who-Will-Struggle-in-usnews-1712944905.html?x=0#mwpphu-container - broken link)
The value of education has never been clearer. The unemployment rate for people who never graduated high school is 15 percent--depression-level joblessness. For high-school grads with no college, unemployment is 10.4 percent, and for college grads it's just 4.9 percent.
I question those statistics as well. First off, I do not believe that these statistics have to do with education alone. Typically, people who do not finish high school are not people who have a great deal of ambition to succeed in life. Therefore, you have to take into consideration a million other factors that precipitate being unemployed.
I question those statistics as well. First off, I do not believe that these statistics have to do with education alone. Typically, people who do not finish high school are not people who have a great deal of ambition to succeed in life. Therefore, you have to take into consideration a million other factors that precipitate being unemployed.
20yrsin
You are absolutely correct. I'm sure that a lot of people who didn't graduate high school are probably dealing drugs or doing some other criminal activity and probably have a very long criminal record which would prevent them from getting a job. Not that it matters. I'm sure most of them don't want one anyway.
I think seeing those stats in a pie chart might help. If they mean to say out of those unemployed (and accounted for being unemployed) right now, only 4.9% are college grads I would buy that. The article reads though that only 4.9% of college graduates are unemployed. I don't buy that. I think if you took a survey of those of us that graduated in the past six to ten years you would find that percentage higher.
You have to look at the overall rate of underemployment as well. The last time the BLS did a report it was 35.5% in 2008. Add that to the unemployment number for college grads your well over 40%. I think that would give you the real picture. I know college grads with degrees in Finance and biomedical engineering he works at a lab 8 bucks an hour. The other fast food for about the same. Underemployment is the real issue for college grads.
I don't buy that. I think if you took a survey of those of us that graduated in the past six to ten years you would find that percentage higher.
OK, Show us some numbers.
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