Employment status varies by educational level. Some of the unemployment at the baccalaureate & master's levels is undoubtedly a consequence of the larger numbers, greater competition, and a function of these degrees as stepping stones rather than as terminal points or degrees permitting entry into a position.

Source: Baccalaureate information is from Chartbook of Degrees Conferred, 1969-70 to 1993-94. U.S. Department of Education, National Center for Education Statistics, Office of Educational Research and Improvement (NCES 98-071). Master?s degree information is from 1996 Employment Survey: Psychology Graduates With Master?s, Specialist, and Related Degrees, Research Office, APA. Doctoral degree information is from 1997 Doctorate Employment Survey, Research Office, APA.