UpgradingYourSkills
Importance of continuing your education during a recession
Many people are finding that the downturn of the economy gives them an opportunity to return to school to increase their skills in sectors of the economy that are still growing despite the recession.
In the last year and a half, nearly every newspaper has been laden with information about job cuts, unemployment rates and the decline of the U.S. and global economies.
National unemployment rose to 9.8 percent in September while unemployment among Latinos in the U.S. reached 12.7 percent. Both numbers are expected to rise. If you count yourself among the ranks of the unemployed, there is light at the end of the tunnel. Many people are finding that this downturn doesn’t have to be such a negative experience. Instead, many are seeing it as an opportunity to return to school to increase their skills in sectors of the economy that are still growing despite the recession.
Currently, the unemployment rate for individuals who only have a high school diploma is double that of those with a postsecondary certificate or degree. Additionally, according to the New York Times, the average salary of a person with a certificate or degree is double that of someone who is without higher education. In other words, the greater education you have, the greater the career opportunities available to you.
If going back to school for your bachelor’s or master’s degree is not an option for you right now, whether it’s because of time or financial resources, you might want to consider postsecondary vocational training programs as a means of upgrading your skills.
Vocational training is a more short-term and affordable option. As long as the program is accredited, it’s even possible to receive financial aid to cover most or all of your educational expenses. You can earn a certificate in anywhere from six weeks to two years. With vocational training, you can learn the skills you need for employment in high-performing sectors such as healthcare – often
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