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Document Number: 6119

Job 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 Issues

Economic/Workforce Development

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