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Presentation transcript:

Learn More, Earn More

Education and Income Potential earnings increase with increased educational attainment.

Education and Personal Income High School $26,505 Some College $31,054 Bachelor’s Degree $43,143 Bachelor’s Degree or more $49,303 Master’s Degree $52,390 Doctorate Degree $70, 853

Trends in Wages and Benefits Earnings Up for Some, Down for Others Earnings for college graduates have increased, while earnings for workers without college degrees have decreased.

Wages and Skill Levels Wages vary according to workers’ skill levels and education. Jobs are often categorized into the following four groups: Unskilled Labor Unskilled labor requires no specialized skills, education, or training. Examples: waiters, messengers, janitors Semi-Skilled Labor Semi-skilled labor requires minimal specialized skills and education. Example: fork-lift operator Skilled Labor Skilled labor requires specialized skills and training. Examples: auto mechanics, plumbers Professional Labor Professional labor demands advanced skills and education. Examples: lawyers, doctors, teachers

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