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Economics

Issue Brief on Topics Affecting Kentucky’s Economy

Employment

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Want A Job? Get A College Degree, Christopher R. Bollinger Oct 2015

Want A Job? Get A College Degree, Christopher R. Bollinger

Issue Brief on Topics Affecting Kentucky’s Economy

While it is well known that a positive relationship exists between educational attainment and earnings for those who are in the labor market, an important part of how education impacts the well-being of families in Kentucky is the access to employment that it provides. In this brief, we examine the relationship between education and two measures of employment status: unemployment and labor force participation. What we find is quite striking: not only do those with higher education experience less unemployment, they are far more likely to be participating in the labor market. Education leads to better access to employment.