June 27, 2001 (The Editor’s Desk is updated each business day.)
Education pays
In 2000, college graduates age 25 and over earned nearly $400 more per week (at the median) than workers who stopped with a high school diploma.
[Chart data—TXT]
The median usual weekly earnings of full-time wage and salary workers age 25 and over who are college graduates were $896 in 2000, compared with $506 for high school graduates with no college.
College graduates have experienced growth in real (inflation-adjusted) earnings since 1979. In contrast, the real earnings of workers who dropped out of high school have declined.
Data on weekly earnings by education are from the Current
Population Survey. The figures for college graduates refer to all
college graduates age 25 and over, including those with advanced degrees.
Find out more in Working in the 21st
Century, (Bureau of Labor Statistics, June 2001).
Related TED article:
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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