We know that typically College educated people receive more in terms of compensation. Well, it looks like they also receive more in terms of job security....
Washington Post: Unemployment by Education
The Week: Does Washington Care about Unemployment?
I would even go so far as to say that in a knowledge based world, the differential will only grow with time. The rationale is pretty straight forward.
When a company is pressed to layoff personnel, they will typically layoff those folks that are easiest to replace when things turn around. Those that have the most "hard to replace" knowledge are therefore retained, and those with less are cut loose.
Thoughts?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment