Having a college education is a clear plus in the American job market. High-school drop-outs last year battled an unemployment rate almost three times higher than that for those with at least a bachelor's degree.
Yet once you're out of work, being better educated barely seems to improve your chances of finding a new job within half a year, a recent analysis by the Bureau of Labor Statistics shows. Of those ages 25 or older with at least a bachelor's degree who were jobless last year, 37.7 percent were out of work 27 weeks or longer. That compares with 38.3 percent for those who didn't finish high school.
