Press Release

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

Slight Job Growth Not Reflective of Drop in Unemployment Rate, Earlier Predictions

February 4, 2011

Erin Werthman
Media: (866) 257-8253
Mobile: 413-636-6758
Email: Media@Rasmussen.edu

MINNEAPOLIS, (February 4, 2011)—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 the unemployment rate 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 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 degrees online and throughout the 21 Rasmussen College campus locations.


ABOUT RASMUSSEN COLLEGE:
Rasmussen College is a regionally accredited private college and Public Benefit Corporation that is dedicated to changing lives through high-demand educational programs and public service. Rasmussen College offers Certificate and Diploma programs through Associate's and Bachelor's degrees online and across its 24 Midwest and Florida campuses in a supportive, student-centered and career-focused environment. Since 1900, Rasmussen College has been dedicated to being a primary contributor to the growth and development of the communities it serves. As a Benefit Corporation, Rasmussen College is committed to helping change lives through education and making a positive impact on society through public service and a variety of community-based initiatives. For more information about Rasmussen College, please visit www.Rasmussen.edu.

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