Sunday, February 5, 2012

Education and Training Pays (2011)

This graph is most recent look at the relationship between an adults education and how much their weekly earnings are. This chart from the U.S. Bureau of Labor Statistics shows a strong increase in the earnings to go along with the higher of education. It also shows how extreme the unemployment rate is in the US depending on level of education. The average unemployment rate is 8.2% and the median weekly earnings are $782. As expected the highest unemployment rate is for those who have only received a high school diploma, however on average those with a professional degree earn less money (weekly) than those with a doctorate degree.

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