Random Samplings, the blog of the U.S. Census Bureau, traces the relationship between educational attainment and lifetime earnings. The graph below illustrates the relationships among educational attainment, median earnings, and unemployment.
Economic policy reports, blog postings, and media stories of interest:
A new brief from the N.C. Budget and Tax Center points out that the wages earned by North Carolina workers in the lowest fifth of the income distribution actually fell, after adjusting for inflation, between 2000 and 2010.
A recent hour-long documentary prepared by American RadioWorks, a component of American Public Radio, looked at the problem of degree completion at America’s institutions of higher learning.
According to the program, some 37 million Americans have completed some college yet left school prior to finishing a degree. Typically, people leave college due to practical obstacles like the need to work, but at the same time, many of these obstacles can be minimized through smart public policies.
Click here to listen to the documentary, Some College, No Degree, or click here to read the transcript.
Economic policy reports, blog postings, and media stories of interest:
Over at Rortybomb, Mike Konczal points out that unemployed Americans are more likely to drop out of the labor force altogether than they are to find a new job. The graph below shows that trend by illustrating the flow of people classified as unemployed into the categories of employed and out of the labor force over the period spanning 1995 to the present.
