Friday, January 25, 2013

Jobs recovery favors highly educated workers

This article talks about how different levels of education levels help in the job recovery process. The people who are highly education and hold a masters or bachelors degree are the first to recover from this loss of jobs and come up from the recession which hit in 2008 than those who only hold a high school diploma or less.

The graduates and the undergraduates  make up a very small portion of the economy when compared to the high school graduates who make up 36% of the us workers over age 25. More than 767,000 workers with a high school diploma or less  have reported job losses than they did in 2010.The health care and the professional sector were the ones who created a lot of job opening in the past two years and to work in these sectors they require highly skilled and professional workers. If we look at the manufacturing jobs which could be previously done with a high school diploma now require a higher level of education because of advancement in technology and more technical machines coming into the picture. Another reason for this is because there has been a shift in the long run for the employment of educated professionals. So it is important to have a college degree because they are the ones who are less hurt and struggling and find better paying jobs.

.http://money.cnn.com/2013/01/24/news/economy/college-degree-jobs-recovery/index.html?iid=SF_BN_Lead

3 comments:

  1. It is obvious that higher education is becoming more of a need in today’s society. Advances in technology changes the requirements of the workforce, meaning more education is required. This is natural as society advances.

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  2. I agree with the previous comment. It has been known that more educated people are more likely to get jobs in their field than the less educated workforce. Some might even argue that this fact is the sole incentive for people to continue higher education most of the time. Higher education is also required almost all of the time in research and innovation.

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  3. That's true. In today's world, a good education is becoming increasingly important for anyone if they want a job. It's obvious that it takes people a long time to acquire a high level of education and also these people will do the job much better.

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