Chris Arnold:

As the economy continues to recover, economists are seeing stark differences between people with high school and college degrees. The unemployment rate is nearly twice as high for Americans with a high school diploma as for those with a four-year college degree or more.

But economists say that doesn’t mean everybody needs a four-year degree. In fact, millions of good-paying jobs are opening up in the trades. And some pay better than what the average college graduate makes.

Learning A Trade

When 18-year-old Haley Hughes graduated from high school this past summer, she had good grades; she was on the honor roll every year. So she applied to a bunch of four-year colleges and got accepted to every one of them. But she says, “I wasn’t excited about it really, I guess.”