The area has an unemployment rate of just 2.8 percent for college graduates, and a degree brings a 71
percent wage premium.
The researchers estimate a near 2
percent wage premium for each additional year of advanced vocational coursework, but no benefit (or harm) from basic vocational courses.
Not exact matches
«There is room to grow here, and export jobs here have been shown to create many middle class jobs with
wage premiums that pay a
wage of 20
percent higher than other jobs,» Kessler says.
showdown continues between Walmart and the neighboring District of Columbia, where Mayor Vincent Gray could sign a bill that would make large retailers to pay their employees a 50
percent premium over the city's minimum
wage.
PEB had recommended a pay
wage increase totaling 18.4
percent over six years, with employees contributing to health insurance
premium costs.
Public school teachers who teach in their areas of certification earn a substantial
wage premium, 9
percent, compared with a
premium that is not meaningfully different from zero for charter teachers and a 2
percent premium for private school teachers.
The resulting shortage of college - educated workers has driven up the
wage premium for postsecondary education: Workers with bachelor's degrees earned 74
percent more than those with high school diplomas in 2010, compared with 40
percent more in 1980.
Its
wage premium for college graduates is the ninth - highest among the cities we looked at, and the unemployment rate for the college educated is just 3.6
percent.
When it comes to college graduates» job prospects, they can expect a
wage premium of 89
percent, and an unemployment rate of 3.6
percent.