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Good News, College Students!

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Posted by Mary Beth Erskine on Feb 9, 2015 3:00:00 PM

Why should you earn a bachelor’s degree? The unemployment rate for people who have at least a bachelor’s degree is at its lowest in six years.

BLS20LogoThe Bureau of Labor Statistics has released its January 2015 unemployment statistics.

If you’re persevering to complete a college degree – whether you’re enrolled in a traditional on-ground program or an online degree program – it's encouraging news.

For people who hold a bachelor’s degree, the unemployment rate is 2.8 percent. That’s the lowest rate in six years – and significantly lower than the average unemployment rate of 5.7 percent.

Reporting on the latest BLS unemployment news, Bloomberg Business posted a story on its site with the headline: “Pretty Soon the U.S. Might Run Out of College-Educated Workers.”

Here’s the rundown on the latest U.S. government unemployment rates:

Less than a high school diploma 8.5 percent
High school diploma 5.4 percent
Some college or associate degree 5.2 percent
Bachelor's degree or higher 2.8 percent

“For anyone who is considering going back to school to earn a college degree, this news provides compelling evidence that the investment of time and money is well worth it,” says Saint Leo Associate Vice President of Enrollment and Support Services Jeffrey Walsh.

“And for students who are already enrolled in our online degree programs – those who are working hard while balancing myriad other responsibilities in their lives – it serves as reassurance that they are on a solid path to a more secure future.”

What are your thoughts about the value of a college degree in today's marketplace?


Other posts you may be interested in reading:

Online Degree Programs | Popular Pathway To College

2015's Hottest Jobs For College Graduates

Don't Enroll In An Online Degree Program Until You Answer These 5 Questions

Choosing An Online Degree Program: 9 Do's And Don'ts

Online Degree Program Comparison

 

 

Topics: Academic Success

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