An interesting trend that is developing is the unemployment rate folks with high education is much lower than the unemployment rate for college dropouts or lower.
Let’s consider the unemployment rate for a minute.
Though 10% unemployment sounds pretty dire, what about 90% of the people that are still employed? Let me explain.
You are taking the morning train into work and 90% of the people are sitting down and 10% of the people are standing up. Statistically speaking, what are your chances of getting a seat? As the train keeps making stops and people keep getting off and getting into the train, you have a pretty high chance of getting a seat.
Apply that to our current job scenario. Even in our current employment environment, there’s still quite a bit of natural churn – attrition and hiring.
If you can play your cards even a little bit correctly, you’ll get a seat. And then you should hold onto that seat until you find a better one.
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