Recession Not as Hard on College Graduates
It makes sense that anyone with a college education has a better chance to get an entry level job. But this may be really true during a recession, like the one the U.S. is facing now. While many people have lost jobs in this recession, the pain doesn't seem as hard on college graduates.
From one source, I learned that the unemployment rate for anyone with a college degree is less than five percent. Depending on the type of degree a graduate has can improve his or her opportunity to obtain certain entry level jobs. Here are some of the fastest growing jobs based on one study:
- Network systems and data communications specialist - bachelor's degree
- Computer software engineer - bachelor's degree
- Veterinary technologist - associate's degree
A college education is important to have at any time, but especially during a recession. Even though there may be a limited number of jobs, having a degree only helps graduates compete for opportunities they otherwise wouldn't be able to without one.
Source
http://www.cnn.com/2009/US/05/15/mainstreet.summit.transcript/
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