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In the United States, There Are Two Groups: the Uneducated Unemployed and the Educated Employed
by Taylor Kilgore, age 17
As a recent high school graduate, I understand the importance
of education. There is a clear correlation between the unemployment
rate, salary earned, and the level of education a person receives. The
future of our economy depends on educated people.
Now
more than ever, high competition for jobs translates into the need for
an education. Increasingly, employers are using diplomas and degrees as a
way to separate applicants.
Unemployment rates are directly
related to the education level of a nation’s workforce. According to the
U.S. Census Bureau, in 2011 people with less than a high school diploma
had an unemployment rate of 14.3 percent, compared to a 4.3 percent
unemployment rate for those with college degrees. This gap has created
two separate groups, the uneducated unemployed and the educated
employed.
Education not only increases the chances of
getting a job, but also improves earning power. On average, those who
earn a bachelor’s degree or higher make about 500 dollars more a week
than those who only hold a high school diploma. Doctoral degree-holders
make around 600 dollars a week more than those with a bachelor’s degree.
It is clear that education pays off.
The benefits of
higher education are nearly endless. Here at the Simpson Street Free
Press we are encouraged to pursue further schooling. I have always
wanted to go to college. I will start my journey at Edgewood College to
earn my bachelor’s degree.
Knowing the realities of the U.S. job
market and economy, I plan to attend graduate school too, to get my
master’s degree in business administration. I will not only broaden my
education but will also have the opportunity to earn a larger salary
when I enter the job market.
[Sources:
Huffington Post; Bureau of Labor Statistics; adminsecret.mmster.com; collegeboard.com
]
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