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Generally speaking, jobs that require high levels of education and
skill pay higher wages than jobs that require few skills and little education.
Statistics from the Department of Labor's Bureau
of Labor Statistics (BLS) validate this viewpoint by revealing that the
unemployment rate among people who have a professional degree is significantly
lower than that of people who have a high school diploma or less than a
complete high school education. In addition, earnings increase significantly as
a worker's degree of education rises.
BLS Career Guide
to Industries
An analysis of the educational services industry as a
growing source of jobs. Also states that most managerial and professional
specialty positions in the educational field, which account for more than 6 out
of every 10 jobs, require at least a bachelor's degree, and some require a
master's or doctoral degree.
America's Career
InfoNet
Information about educational levels for various occupations, as
well as average wage ranges by occupation and geographical area.
Chart:
"Annual Earnings by Educational Level — Education Does Pay Off!"
The median earnings are higher and the unemployment rate is lower for
people who have high levels of education. The reverse is true for the least
educated American workers. Derived from BLS data.
Equal
Pay and Compensation Discrimination
Equal pay provisions prohibit
sex-based wage differentials between men and women employed in the same
establishment who perform jobs requiring equal effort, skill, and
responsibility. These provisions are enforced by the
Equal
Employment Opportunity Commission (EEOC).
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