Education Can Make a Difference in Your Future Employment

The level of your education can make a difference in your future employment, according to Thomas Hakko, business program chair at Globe University & Minnesota School of Business.

The chart below on the left, which was recently presented by JP Morgan Asset Management, shows the unemployment rate for the United State starting in 1992 and the economic downturn that began in 2008. This information is current as of June 2016.

The first line shows employees with less than a high school degree: the unemployment rate increased by 7.1 percent of the workforce. The second line shows high school education with no college and the third line shows some college but no degree.

The bottom line shows the college graduate did substantially better at retaining their job with less than 2.4 percent of the workforce being released by their employer.

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