This is great news for people concerned about the affordability of a college education. This report shows that a college education does matter when it comes to landing a “good” job that is likely to include health benefits and retirement plans.
College Graduates Are First in Line analyzes the production of jobs since 2010 and defines the components of a good job.
The growth of U.S. jobs and wages during the recovery is analyzed in Good Jobs Are Back: College Graduates Are First in Line. The findings show that since 2010, the economy has produced 6.6 million employment opportunities. Out of these career opportunities, 2.9 million are considered good jobs. The key finding revealed that 2.8 million good jobs went to college graduates. Some of the largest growing professions seek high-skilled workers and offer large benefits packages. Most good jobs are full time and twice as likely to provide health insurance and retirement plans. The competitive wages and good benefits of these good jobs offer created a healthy job market during the recovery.
Eighty-six percent of workers in good jobs are full-time; 68 percent of good jobs provide health insurance; and 61 percent of good jobs include an employer-sponsored retirement plan
Managers, STEM (science, technology, engineering, and mathematics) and healthcare professionals account for the majority of growth in the good jobs tier.