Unemployment

The more education an individual possesses, the less likely it is that he or she will be unemployed. According to BLS statistics from the Current Population Survey (http://www.bls.gov/cps/cpsaat7.pdf), while 7.6% of those with less than a high school diploma were unemployed in 2005, only 2.3% of college graduates were unable to find a job. High school graduates with no college had an unemployment rate of 4.7%, while those with some college, but no degree, faced a 4.2% unemployment rate.