Employment Situation Report Highlights Advantages For Degree Holders Despite Minimal Job Growth

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January job growth fell far below recent estimates of 145,000 added jobs; only 36,000 added jobs were officially reported. Though the national unemployment rate settled at 9 percent, only 4.2 percent of college graduates with a Bachelor’s degree or higher remain jobless.

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“While national job growth last month was unimpressive, we remain confident in the outlook for college graduates, as unemployment has continued to fall for degree holders,” Rasmussen College Career Director Tamryn Hennessy said.

January job growth fell far below recent estimates of 145,000 added jobs, according to the January Employment Situation Report released today by the U.S. Bureau of Labor Statistics. While only 36,000 added jobs were officially reported, economists find respite from the negative outlook in a slight drop of .4 percent in the unemployment rate. Though the national unemployment rate settled at 9 percent, only 4.2 percent of college graduates with a Bachelor’s degree or higher remain jobless.

“While national job growth last month was unimpressive, we remain confident in the outlook for college graduates, as unemployment has continued to fall for degree holders,” National Director of Career Development for Rasmussen College Tamryn Hennessy said. “The evolving landscape of higher education has continued to open occupational doors for students interested in acquiring specific, in-demand skills for growing and emerging fields, such as healthcare and computer systems and design.”

On Thursday, Feb. 17, Rasmussen College will highlight opportunities in those industries that continue to see growth at its national Career and Networking Fair, a free, community event held at all 21 campuses bi-annually. The most recent Rasmussen College Career and Networking Fair in August 2010 boasted representation from 512 local businesses and attracted 2,679 members of 21 campus communities.

For more information on the Career and Networking Fair and its locations, please visit http://www.Rasmussen.edu/careerfair.

Rasmussen College offers education opportunities tailored for growing industries through its School of Technology and Design, School of Business, School of Nursing, School of Allied Health, School of Justice Studies, and School of Education. Fields seeing the highest career growth are reflected through the available Bachelor’s and Associate’s degree programs Rasmussen College offers degrees online or on-campus online and throughout the 21 Rasmussen College campus locations.

ABOUT RASMUSSEN COLLEGE
Founded in 1900, Rasmussen College is a premier provider of educational experiences, dedicated to the growth and development of its students, employees, and the communities it serves. Accredited by the Higher Learning Commission, Rasmussen College offers Bachelor’s and Associate’s degrees in fields with the greatest occupation opportunities to more than 15,000 students both online and through its network of 21 campuses. By partnering with leading universities, Rasmussen offers opportunities to students beyond the Bachelor’s level. The Rasmussen Partner Network gives students the opportunity to earn Master’s and Doctoral degrees completely online, at their own convenience, from prominent universities around the country. To learn more about Rasmussen College, please visit Rasmussen.edu.

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Kristy Croom
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