Report shows majority of work force has no college degree

A new report finds just over 64% of the Missouri Labor Force has no college degree.

According to the Bureau of Labor Statistics, higher levels of education generally correspond to better employment opportunities.

In 2019, the overall unemployment rate was 3 percent, but that number was only 2.2 percent for college graduates, 2 percent for master’s degree holders, and just over 1 percent for those with a doctorate.

Similarly, individuals with undergraduate or advanced degrees have significantly higher earnings than those without.