Chart of the Week: Employment and Wage Data by Educational Level
Good reminder of the value of education on one chart:
- What headline would you give to this chart?
- Your friend says "education isn't worth it!" Agree or disagree with them using evidence from the chart.
- What is the difference in weekly earnings for a person with a bachelor's degree (four year college) compared to a person with a high school diploma? That is the weekly difference, what would be the annual difference?
- Fill in the blanks by picking one of the terms: The ____more/less___________ education you have the _____higher/lower________ your unemployment rate and the ____higher/lower_________ your weekly earnings.
Check out this FinCap Friday about Teen Job Trends to continue the conversation.
About the Author
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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