The above graph indicates that the average unemployment rate in the US in 2010 was 8.2%, with unemployment decreasing as qualifications increase. Those with less than a high school diploma had a 14.9% unemployment rate, while at the other end of the education spectrum, doctoral degree holders had only a 1.9% unemployment rate.
At 7.0%, the associate’s degree is the lowest level of education below the average, while bachelor’s degree holders had a 5.4% unemployment rate and master’s degree holders had an impressive 4% unemployment rate.