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Earning a Bachelor's Degree Means More Job Security

Unemployment by educational attainment

Individuals with a Bachelor's Degree or higher are more likely to be employed than those with lower levels of educational attainment.

Data from the Bureau of Labor statistics shows that the 2016 unemployment rate for those with a Bachelor's Degree or higher was only 2.5 percent. Meanwhile, the unemployment rate for those without a Bachelor's degree was substantially higher in the same year.

Not only does a Bachelor's Degree open up more employment opportunities but it also is an indicator of job security. Data on unemployment from the 2008-2009 recession shows that individuals with a Bachelor's Degree or higher lost jobs at a lower rate than those with lower levels of educational attainment.

Bachelor's Degree education is important for Michigan's economic security and talent competitiveness.