The Economic Value of Main Report

recipients are weighted heavily toward the less than high school and high school categories, with a much smaller representation of individuals with greater than a high school education.

Figure A10.6: Breakdown of TANF recipients by education level

Greater than high school 10.6%

Less than high school 27.7%

High school graduate 61.7%

Source: US. Department of Health and Human Services, Office of Family Assistance

Unemployment rates also decline with increasing levels of education, as illustrated in Figure A10.7. These data are provided by the Bureau of Labor Statistics. 67 As shown, unemployment rates range from 5.6% for those with less than a high school diploma to 1.8% for those at the graduate degree level or higher.

Figure A10.7: Unemployment by education level

6.0%

5.0%

4.0%

3.0%

2.0%

1.0%

0.0%

Less than high school

High school

Some college Associate degree Bachelor's degree Graduate degree

Source: Bureau of Labor Statistics

67 Bureau of Labor Statistics. "Table 7. Employment status of the civilian noninstitutional population 25 years and over by educ ational attainment, sex, race, and Hispanic or Latino ethnicity." Current Population Survey, Labor Force Statistics, Household Data Annual Averages, 2023.

The economic value of Monroe Community College

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