Being educated means you are trainable i.e you should be able to use your acquired knowledge to creat space for yourself in the labour market even if their isn't any job opportunity. Education will give you some skills that make you different from an illiterate.
Most graduates waste some of the opportunities that come their way because many graduates have one or two opportunities to learn some very important skills that may be their path to success after school, but they relent and keep saying the government can support them by providing them with jobs after school, which is not true; the government cannot afford to provide a job for all of the thousands of graduates each year.
CONCLUSION
School gives certificate but doesn't guarantee a job. Education never fails, it's gives knowledge and skills. This knowledge and skills acquired through it brings breakthrough on the long run. Therefore, graduate should think beyond getting a job after schooling but plan on how to utilize the knowledge and skills acquired through their education to create jobs for themselves and others.
This is very important advice; many successful people are self-employed and end up helping the government to reduce the rate of unemployed graduates; they achieve this by simply learning some important skills such as web design, programming, and so on, and most of them work from the comfort of their own homes.
The Bitcointalk forum is another source of income through signature campaigns; if someone is very active in the forum, learning and helping others, they will rank up and get involved in some signature campaigns, which is also a very reliable source of income.