Staying
in school can do more than improve your mind. It can also
improve your chances of being employed and having high
earnings.
As the data show, the unemployment rate
falls and earnings rise for people who have more education.
The differences are stark between the highest and lowest
educational levels. But completing a program, whether it’s
finishing high school or getting a degree, is important at
every level. This may be because employers view the ability
to earn an academic credential as an indicator of assets—such
as organizational skills and aptitude—that a potential
worker will bring to the job.
Educational attainment is not the only factor affecting
employment and earnings, though. At every educational level,
whether jobseekers are successfully employed may hinge on
issues ranging from an occupation’s size to geographic
location. And workers’ earnings vary by type of training
and choice of occupation, among other things.
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