The bureau of labor statistics announced unemployment had risen to 5.7 percent in the month of July 2008. These statistics continue to demonstrate the worsening shape of our United States economy. Most sectors of the non farm labor force experienced losses in job markets with the exceptions of Mining and Healthcare. Both the number of unemployed persons (8.8 million) and the unemployment rate (5.7 percent) rose in July. Over the past 12 months, the number of unemployed persons has increased by 1.6 million, and the unemployment rate has risen by 1.0 percentage point. Unemployment (Household Survey Data, BLS.gov)
What does this mean? It might be time to go back to school and further your education. When unemployment is rising, it can be tough to compete for jobs; especially if you do not have a college degree. It is never too late to make yourself more marketable through college education. This table illustrates the unemployment factors such as; employment and college education. The unemployment table displayed the difference in education amongst civilians, including their level of education associated with employment.
There are many colleges and universities that offer a variety of programs and degrees aimed at helping your education and marketability. Colleges and Universities offer a variety of approaches through online degrees, campus based degrees, and certification programs.
Financial assistance for continuing education is also readily available in achieving your educational goals. The government, non-profit’s, and schools continue to offer more grants, scholarships, and financial aid each year. All can aide in your quest for obtaining a higher education; to increase your employment opportunities.
As unemployment continues to rise, don’t be left in the dust, when so many resources are available, to help you increase employment opportunities.