Unemployment is undeniably congruent to educational level. Unemployment statistics are 2% for the doctoral degree and an overwhelming 9% for the high school dropout; for the master degree holder, 2.4%. As employees are laid off, they turn to school to bolster their resume, and the postsecondary education industry benefits in the process.
The education industry is also known by the U.S. Bureau of Labor and Statistics as the Educational Services sector, part of the education and healthcare supersector, and consists of the following: elementary and secondary schools; junior colleges; colleges, universities, and professional schools; business schools; technical and trade schools; other schools and instruction; and educational support services. The education industry is held together by instructors and educational leaders that are supported by an equivalently supportive educational background.
