Final answer:
According to the U.S. Bureau of Labor Statistics, there is a positive correlation between earnings and education. Higher education and training can lead to better employment prospects and higher earnings.
Step-by-step explanation:
According to the U.S. Bureau of Labor Statistics data from May 2012, there is a positive correlation between earnings and education. Higher levels of education and training also lead to lower unemployment rates. This means that individuals with more education and training are more likely to have higher earnings and lower unemployment rates compared to those with lower levels of education.
The data from the Bureau of Labor Statistics also support the idea that a well-trained and educated workforce is in higher demand by employers. When the workforce is well-trained and educated, it increases productivity, which in turn increases the demand for labor.
Overall, the data show that higher education and training can lead to better employment prospects and higher earnings.