Sunday, June 22, 2014

Opportunity Cost and the Unemployed

I have blogged before about the value of a college education and this is another article (from 538 blog) that back this up, but also gives a lot of other interesting statistics.  It does point out that unemployment is much higher among high school grads than college ones (14 to 4).  It also looks at part of why it is hard for the unemployed to get jobs as they are doing other things (see picture above) that are unrelated to getting jobs (such as more are sleeping, watching tv, cleaning, etc.). 538 has a lot of great articles you can share with your economics' students.

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