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Jobs Outlook

June 4, 2010 • Volume 20, Issue 21
Is a college education important?
By Peter Katel

Introduction

Lauren Archut reviews job search strategies (AP Photo/Matt Rourke)
Still wearing her commencement gown, Temple University graduate Lauren Archut reviews job search strategies with a career center coach during a career fair held on graduation day, May 14, 2009. College graduates have the best job prospects and earnings potential among all job-seekers. (AP Photo/Matt Rourke)

The economy has finally started to grow again, but more than 8 million jobs that disappeared after the economic crisis began in late 2007 haven't returned, and the unemployment rate is nearly 10 percent. To be sure, 290,000 jobs have been added, but the jobless rate remains high. People who do have jobs are working harder, increasing productivity. In another major change on the job front, advances in technology are intensifying the allure — to employers — of offshore jobs. What's the best strategy for getting a job in today's tough job market? Experts may argue over how many jobs are at risk, but no one disputes that a college degree gives by far the best salaries and the best odds for finding a job — and the ability to switch careers if necessary. Demand is also rising at the low end of the market, but mid-level jobs that fall in between the two extremes may be most at risk.

ISSUE TRACKER for Related Reports
Jobs and Skills
Oct. 04, 2013  Worker Safety
Mar. 02, 2012  Attracting Jobs
Jul. 22, 2011  Reviving Manufacturing
Jun. 04, 2010  Jobs Outlook
Feb. 20, 2004  Exporting Jobs
Jan. 11, 2002  Future Job Market
Apr. 24, 1998  High-Tech Labor Shortage
Oct. 24, 1997  Contingent Work Force
Feb. 28, 1992  Jobs in the '90s
Jun. 27, 1986  America's Service Economy
Jul. 22, 1983  Technology and Employment
Dec. 10, 1969  Jobs for the Future
Jun. 21, 1967  World Competition for Skilled Labor
Sep. 03, 1965  Shortage of Skills
Oct. 31, 1962  Retraining for New Jobs
Nov. 28, 1956  Shortage of Critical Skills
BROWSE RELATED TOPICS:
Outsourcing and Immigration
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