Higher Levels of Education Equal Lower Unemployment Rates

Jaylen Waddle
Jaylen Waddle

job industryThe job market is struggling. The national unemployment rate has been hovering around ten percent for months. However, a new study shows one way you can increase your chances of getting a job: Higher education.
According to USCollegeSearch.com, the higher degree of education a person has, the lower his or her chances of being unemployed become. Also, people with higher levels of education can expect a higher salary level. 
Let’s break it down:
Less than a High School Diploma: The average person who has not earned their high school diploma can expect a salary level of $426, and an unemployment rate of nine percent.
High School Graduate: The average high school graduate can expect a salary level of $591, and an unemployment rate of 5.7 percent.
Some college, no degree: The average person who has attended some college, but has not earned a degree, can expect a salary level of $645, and an unemployment rate of 5.1 percent.
Associate’s Degree: The average person who has  earned their Associate’s degree can expect a salary level of $736, and an unemployment rate of 3.7 percent.
Bachelor’s Degree: The average person who has earned their Bachelor’s degree can expect a salary level of $978, and an unemployment rate of 2.8 percent.
Master’s Degree: The average person who has earned their Master’s degree can expect a salary level of $1,228, and an unemployment rate of 2.4 percent.
Professional Degree: The average person who has earned their professional degree can expect a salary level of $1,522, and an unemployment rate of 1.7 percent.
Doctoral Degree: The average person who has earned their Doctoral degree can expect a salary level of $1,555, and an unemployment rate of 2 percent.
So, if you want to spend less of your time without a job and want to earn more on your paycheck each month, keep striving towards a higher education.

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