Education pays 2015

The Bureau of Labor Statistics each year publishes a chart that details the unemployment rate and median weekly earnings by education attainment for those 25 and older. The data for 2105 are below.   Slightly different data from a year…

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College pays updated

The Bureau of Labor Statistics each year publishes a chart that details the unemployment rate and median weekly earnings by education attainment for those 25 and older. The data for 2103 is below.      Each time I look at…

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Machinists and welders

Machinists and welders have become public exhibit #1 of why we need to reemphasize vocational training in high school and beyond. The claim is these are high demand/high wage occupations that are now suffering labor shortages because the culture and…

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Job growth by education attainment

There seems to be an ever louder chorus of politicians and the press questioning the value of a four year degree. The basic case is that the supply of college graduates exceeds the demand for college graduates. The American economy…

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