This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

DegreeTree Study Reveals Correlation Between Unemployment, Education And Income

Stocks in this article: TREE

CHARLOTTE, N.C., July 24, 2012 /PRNewswire/ -- DegreeTree.com, an online resource for connecting students with accredited degree programs and schools, has released the results of a recent study comparing unemployment vs education vs income.  The infographic makes use of DegreeTree data which shows that states with the highest unemployment rates are also the states with the highest number of degree seekers.  The infographic was created in order to help students make informed decisions when deciding on degrees and future career paths, and is the latest in a series of informative guides.

(Logo:  http://photos.prnewswire.com/prnh/20110518/MM04455LOGO )

"With unemployment being so high in some states, many who are unemployed are choosing to go back to school," says Teri Didjurgis, General Manager of DegreeTree.  "This information is meant to help them discern between careers with high and low unemployment so they can make good decisions when choosing a degree."

It should come as no surprise that higher education means lower unemployment rates.  Statistical data shows that unemployment decreases significantly the more education a person has. However, the data presented by DegreeTree goes a step further to show the correlation between jobs that not only have a high salary, but also have low unemployment.

Of course, the information is supposed to be fun. "We've pitted different degrees and careers against each other in an Olympic style boxing match," says Ralph Miller, marketing manager for DegreeTree. "You're going to see a few surprise knockouts when you see high paying careers that just don't match up to others when it comes to actually getting a job. You wouldn't train for the Olympics in a sport that didn't compete, so why would you get a degree in an area with high unemployment rates?"

"We want to make sure the degrees people choose are the ones that make the most sense. It's not just about personal fulfillment. People also need to consider salary potential, benefits, working conditions and the level of demand a degree carries. The latter is particularly true in states like California and Nevada, where the unemployment rate is over 10%."

In addition to the infographic, DegreeTree offers education resources to assist people choosing a career for the first time, or starting a new one.

About DegreeTree

DegreeTree, a subsidiary of Tree.com, is the trusted online portal for connecting prospective students with accredited online degree programs and institutions. Through its comprehensive information center, DegreeTree.com provides online tools and resources to help students make the right choice for advancing their education.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs