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Bathsheba Patterson
10 years ago
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1 Table 12 on webpage Figure 5.1: On average, people with higher educational attainment have higher earnings Chart can also be access here: FIGURE 5.1 Figure 5.1 On average, people with higher educational attainment have higher earnings. Source: Authors analysis of March CPS data, various years $95 $85 or better $75 in thousands Annual salary $65 $55 Some college or Associate s $45 High school graduates $35 High school dropouts $ The

Source: National Education Longitudinal Study 2000 50% 40% 43% of licenses and certificates 30% than an 31% Associate s 27% of Associate s 20% of

2 Table 16 on webpage Figure 5.12: Earnings not just a function of postsecondary. Commented [ME1]: The first column needs to be reformatted. FIGURE 5.12 Figure 5.12 Earnings are not just a function of postsecondary attainment. Occupational choice also influences earnings potential. Source: National Education Longitudinal Study % 40% 43% of licenses and certificates 30% than an 31% Associate s 27% of Associate s 20% of licenses and s certificates than a 10% than a. 0% Licenses and certificates Licenses and certificates Associate s s versus Associate s s versus s versus s

Table 17 on webpage Figure 5.11: People with the same educational attainment. FIGURE 5.11 Figure 5.11 Commented [ME2]: Some dollar figures in the columns needs reformatting.

(in 2008 dollars) Source: Authors analysis of March CPS data, various years 2005 2008 pooled data Master s or better $120,436 $90,948 $141,571 $87,523 $77,031 $85,409 $67,601 $54,658 $63,204 Some

3 Table 17 on webpage Figure 5.11: People with the same educational attainment. FIGURE 5.11 Figure 5.11 Commented [ME2]: Some dollar figures in the columns needs reformatting. People with the same educational attainment levels can have different wages depending on their occupation. (in 2008 dollars) Source: Authors analysis of March CPS data, various years pooled data Master s or better $120,436 $90,948 $141,571 $87,523 $77,031 $85,409 $67,601 $54,658 $63,204 Some college $59,619 $61,438 $52,201 $60,415 or Associate s $63,738 $49,842 $48,472 $60,649 $59,743 $51,680 $48,080 $43,768 $41,891 $$37,30737 High school $40,424 $33,047 $34,790 $42,389 graduates $45,211 $41,703 $30,349 $30,865 $54,472 $55,179 $39,106 $$28,56628,566 $30,973, 97 $38,220 $39,648 $36,601 $26,948 $26,356 High school $49,320 $50,940 $35,550 $24,727 $$25,81525,815 $$23, dropouts $37,858 $31,333 $27,677 $28,950 $27,138 $23,664 $19,772 Occupations: pooled data Managerial STEM Healthcare Sales and Blue Community Education Healthcare Food and and Professional Professional Office Collar Services Support Personal Office and Technical Support and Arts Services $84,919 $75,887 Master s $87,661 or better $63,685 $65,761 $70,575 $67,128 $49,866 $55,449 $52,877 Some college $55,216 $53,042 $55,153 $47,187 $44,296 $55,424 or Associate s $52,257 $40,645 $45,344 $42,829 $51,118 $42,933 $39,127 $39,528 $38,487 High school $45,286 $31,796 graduates $38,553 $29,307 $33,292 $34,212 $39,810 $27,198 $27,495 $56,152 High school $60,653 $$24,27224,272 $22,465 $37,388 $35,106 $34,227 $38,823 $37,468 dropouts $22,637 $20,265 Occupations: Managerial STEM Healthcare Sales and Blue Community Education Healthcare Food and and Professional Professional Office Collar Services Support Personal Office and Technical Support and Arts Services 105

Table 19 on webpage Carnevale Figure 2.1 FIGURE 2.1 Figure 2.1 By 2018, 63 percent of job openings will require workers with at least some college education.

4 Table 19 on webpage Carnevale Figure 2.1 FIGURE 2.1 Figure 2.1 By 2018, 63 percent of job openings will require workers with at least some college education. Source: Center on Education and the Workforce forecasts of educational demand to in millions % 17 million New and replacement demand (46.8 million by 2018) 30% 13.8 million 33% 16 million 4 0 High school or less Some college/associate s or better

5 Table 20 on webpage Carnevale Figure 3.2 Figure 3.2 With the exception of Healthcare Support, the fastest-growing occupations have the highest concentration of postsecondary attainment. Source: Authors analysis of March CPS data, 2008; Center on Education and the Workforce forecast of educational demand through 2018 OCCUPATIONS: Difference Ranking Rate of growth: Total Total Change in Percent Fastest employment employment employment change in Largest rate of (thousands) Rank (thousands) Rank (thousands) employment growth growth Sales and Office Support 40, , ,040 8% 2 8 Blue Collar 33, , % 8 9 Food and Personal Services 24, , ,443 14% 1 6 Managerial and Professional Office 16, , ,498 9% 3 7 Education 8, , ,278 14% 5 5 Healthcare Professional and Technical 7, , ,461 20% 4 2 STEM 7, , ,233 17% 6 3 Community Services and Arts 4, , % 9 4 Healthcare Support 3, , % 7 1 TOTAL 147, ,500 14,400 10%