Here are some of the reasons why higher levels of education lead to higher employment rates:
More job opportunities: People with higher levels of education have access to a wider range of job opportunities. This is because they have the skills and knowledge that employers are looking for.
Higher earnings: People with higher levels of education typically earn more money than those with lower levels of education. This is because they are more likely to be employed in higher-paying jobs.
Greater job stability: People with higher levels of education are more likely to have stable jobs. This is because they are less likely to be laid off or furloughed than those with lower levels of education.
Better working conditions: People with higher levels of education are more likely to have jobs with better working conditions. This is because they are more likely to be employed in jobs that offer health insurance, retirement plans, and other benefits.
Increased upward mobility: People with higher levels of education are more likely to experience upward mobility in their careers. This is because they are more likely to be promoted to higher-level positions.
In short, a higher level of education can lead to increased employment opportunities, higher earnings, greater job stability, better working conditions, and increased upward mobility. For these reasons, it is worth investing in your education if you want to improve your chances of success in the job market.