Thursday, April 3, 2014

More Education Leads to More Money, Also Water Wet and Grass Green

There is a fun tool (or at least fun if you are a jobs geek) over at CNN Money that shows just how many jobs there are that pay different hourly rates.  It breaks down all of the jobs in the United States by $10 dollar an hour increments, and then visually displays then along a bar in relative population size. You can check it out here:

http://money.cnn.com/interactive/economy/us-jobs-wages/?iid=HP_LN

It is interesting that of the 151 million jobs, over half pay less than $20 an hour.  While this should not be surprising as the median household income is under $55,000, what is interesting are the jobs that CNN Money cites as examples of jobs in each category.  In the under $20 an hour category truck drivers and construction workers are cited while in the under $10 fast food workers and personal care aids are representative.  Conversely in the over $20 an hour categories civil engineers and lawyers are present.   This is further emphasis on the importance of education and training as the lower wage jobs have a lack of higher education requirements as a commonality, while many of the higher wage jobs require extensive education.

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