Document Number: 6119Job Outlook for College Graduates - This brief examines the benefits of college graduation for workers and includes projections on which occupations are likely to see demand for college-educated workers and the median incomes for those fields. Between 2002 and 2012, more than 14 million job openings are projected to be filled by workers who have a bachelor's or graduate degree and who are entering an occupation for the first time. On average, college graduates earn more money, experience less unemployment and have a wider variety of career options than other workers do. In 2003, the median weekly income for workers with a bachelor's degree was $900, compared to $554 for high school graduates. For workers with a master's, doctoral or professional degree, median earnings were even higher. (Jill N. Lacey and Olivia Crosby, Occupational Outlook Quarterly, U.S. Department of Labor Bureau of Labor Statistics, Winter 2004)...
Related IssuesEconomic/Workforce Development