There is a negative relationship between educational attainment and unemployment and between educational attainment and “involuntary part time” work; however, there is no measurable relationship between educational attainment and “involuntary temporary” work (see figure)
Combining underemployment with involuntary part-time and involuntary temporary work into one measure of labor underutilization, there is a negative relationship between educational attainment and labor underutilization (see figure)
Nondegree Credentials
Overall, 45 percent of labor force participants have a postsecondary degree; adding in nondegree credentials (postsecondary certificates, occupational certifications, and occupational licenses) raises the percentage with a credential to 58 (see figure)
Among adults who have only a nondegree credential, the most common credential is a license, followed by postsecondary certificate, and then certification (see figure)
Licenses and Certifications
Overall, 21 percent of adults have a license or certification, with licenses being more prevalent than certifications (see figure)
Licenses and certifications are more prevalent among adults with college degrees than among those with less education (see figure)
The most common field in which adults are licensed or certified is health care (see figure)
Most adults prepared for their most important license or certification by taking classes from a college, technical school, or trade school (see figure)
A majority of adults report that their most important license or certification is very useful for getting a job, keeping a job, remaining marketable to employers or clients, and improving their work skills (see figure)
Work Experience Programs
Overall, 21 percent of adults have completed a work experience program, and 14 percent have completed a work experience program that was part of an educational program after high school (see figure)
Among adults who completed a work experience program, health care was the most prevalent field, followed by teaching (see figure)
Among adults who completed a work experience program, 64 percent found them to be very useful for getting a job, 66 percent thought they were very useful for improving work skills, but only 37 percent considered them to be very useful for increasing their pay (see figure)
More than two-thirds of adults who completed a work experience program did so as part of a formal education program, usually as part of a postsecondary education program (see figure)
Adults who completed a work experience program as part of postsecondary education, rather than outside of education, were less often paid during the work experience, but were more often in a work experience that prepared them for licensure or certification (see figure)