April 21, 2000 (The Editor’s Desk is updated each business day.)
College grads have biggest wage increase in 1999
Median weekly
earnings increased for workers at all four major educational levels in
1999. However, median weekly earnings for those with a college degree
increased the most, rising by 4.8 percent over the year, to $860.
[Chart data—TXT]
Earnings for persons with some college experience or an associate’s
degree increased by 3.9 percent, to $580, while earnings for those with a
high school diploma rose by 2.3 percent, to $490. Earnings for workers
with less than a high school diploma were up 2.7 percent in 1999, to $346.
These data are from the Current
Population Survey. To find out
more, see "The
job market remains strong in 1999,"
by Jennifer Martel and Laura A. Kelter, Monthly Labor Review,
February 2000. Earnings data here are for full-time wage and salary
workers.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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Read more »
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