Which of the following statements about education and the unemployment rate is true?
A) People with more education tend to have higher unemployment rates because employers hiring at that level tend to be more selective.
B) The unemployment rate tends to be higher for people with less education.
C) Unemployment rates are virtually the same for groups with different education levels.
D) People with more education tend to have higher unemployment rates because it typically takes a longer period of time to find a more specialized job requiring a higher level of skill.
Correct Answer:
Verified
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