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Tomorrow’s Careers — Education Pays
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Education pays in higher earnings and lower unemployment rates:
Note: Data are 2006 annual averages for persons age 25 and over. Earnings are for full-time wage and salary workers.
Source: Bureau of Labor Statistics, Current Population Survey.
| Unemployment rate in 2006
(Percent) |
Education attained |
Median weekly earnings in 2006
(Dollars) |
| 1.4 |
Doctoral degree |
$1,441 |
| 1.1 |
Professional degree |
1,474 |
| 1.7 |
Master's degree |
1,140 |
| 2.3 |
Bachelor's degree |
962 |
| 3.0 |
Associate degree |
721 |
| 3.9 |
Some college, no degree |
674 |
| 4.3 |
High-school graduate |
595 |
| 6.8 |
Less than a high school diploma |
419 |
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