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Friday, February 4, 2011
Graph---Relationship between Education and Employment---Any Questions?
In this graph I can see how in recent years the relative correlations between the different degrees of education are the same, but that, as a whole, the unemployment is increasing. This is a definite result of the waning economy and really shows how bad the economy is right now. However, what does this say about the products that America is producing right now. You said in class that despite the current economy the United States is still a massive producer and exporter of goods. Perhaps America is still producing at a similar rate as before because the very highly educated are adapting to the loss of the educated unemployed people.
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In this graph I can see how in recent years the relative correlations between the different degrees of education are the same, but that, as a whole, the unemployment is increasing. This is a definite result of the waning economy and really shows how bad the economy is right now. However, what does this say about the products that America is producing right now. You said in class that despite the current economy the United States is still a massive producer and exporter of goods. Perhaps America is still producing at a similar rate as before because the very highly educated are adapting to the loss of the educated unemployed people.
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