Job Market Monitor
College Degree
Having Parents with a College Degree – A social advantage associated with higher numeracy scores
In the public psyche and in academic discourse, it is widely believed that a college degree is the great equalizer. In other words, social origins may determine educational attainment, but educational attainment (especially a college degree) determines labor market outcomes and membership to the American middle class. This notion is supported by the empirical work … Continue reading
US – Wages are lower for BA holders raised on low incomes
The proportional increase for those who grew up poor is much less than for those who did not. College graduates from families with an income below 185 percent of the federal poverty level (the eligibility threshold for the federal assisted lunch program) earn 91 percent more over their careers than high school graduates from the … Continue reading
Over-educated / In 1970, only one in 100 taxi drivers and chauffeurs in the US had a college degree, today 15
In 1970, only one in 100 taxi drivers and chauffeurs in the US had a college degree, according to an analysis of labour statistics by Ohio University’s Richard Vedder, Christopher Denhart and Jonathan Robe. Today, 15 out of 100 do. Continue reading
US College degree / Employers place more weight on experience, particularly internships and employment during school
Half of employers surveyed recently by The Chronicle and American Public Media’s Marketplace said they had trouble finding recent graduates qualified to fill positions at their company or organization. Nearly a third gave colleges just fair to poor marks for producing successful employees. And they dinged bachelor’s-degree holders for lacking basic workplace proficiencies, like adaptability, communication skills, and the ability to solve complex problems. Continue reading
US / Not All College Degrees are created Equal – College Majors, Unemployment and Earnings
It Still Pays to Earn a College Degree But Not All College Degrees are created Equal
In the past, a college degree all but assured job seekers employment and high earnings, but today, what you make depends on what you take. In Hard Times 2013, we show differences in unemployment and earnings based on major for BA and graduate degree holders. Continue reading
US / Almost half of employed college graduates are in jobs requiring less than college education
“Political leaders, prominent foundations, and college presidents have argued that the nation must increase the proportion of adults with college degrees in order for America to remain competitive in the global economy” write Richard Vedder, Christopher Denhart, and Jonathan Robe in Why Are Recent College Graduates Underemployed? University Enrollments and Labor-Market Realities (Adapted quotes to follow). Supporting those … Continue reading
US / College Degrees Matter
How Much Protection Does a College Degree Afford? Past research from Pew’s Economic Mobility Project has shown the power of a college education to both promote upward mobility and prevent downward mobility. In the wake of the Great Recession, however, many have questioned whether the advantageous market situation of college graduates has suffered under the pressure … Continue reading
Colleges Majors With Low Unemployment – Yahoo! Education
if you’re thinking of going back to school, here are some degrees you may want to consider. Degree #1 – Health Care Administration Degree #2 – Criminal Justice Degree #3 – Accounting Degree #4 – Marketing and Communications Degree #5 – Information Technology (IT). Source: Read More @ Colleges Majors With Low Unemployment – Yahoo! Education.
Pennsylvania – Economic future depends on producing more college graduates
A new report finds that the main culprit is the state’s insufficient rate of higher education. In Pennsylvania, 38.6 percent of the state’s nearly 6.7 million working-age adults hold at least a two-year degree, according to the 2010 Census data. In Somerset County that is only 24.75 percent…. “Help Wanted,” a report by the Georgetown … Continue reading
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