Table 1

Employment and wages by education group, for all industries and manufacturing, 2009–2011

Employees (millions) Share of employment Average weekly wages
All industries Manufacturing All industries Manufacturing All industries Manufacturing  Manufacturing wage premium (percent)
High school or less 46.4 6.4 37.6% 47.7% $572.36 $668.50 16.8%
Less than high school 11.7 1.6 9.5% 11.7% $409.05 $495.92 21.2%
High school 34.7 4.9 28.1% 36.0% $627.54 $724.64 15.5%
Some college or more 77.0 7.1 62.4% 52.3% $948.66 $1,181.20 24.5%
Some college 36.6 3.5 29.7% 25.9% $686.00 $869.92 26.8%
Bachelor’s or more 40.4 3.6 32.7% 26.4% $1,187.11 $1,486.45 25.2%
Total 123.4 13.5 100.0% 100.0% $807.15 $936.70 16.1%
Addendum:
Wage premium relative to wages in nontraded industries ($791.14 from Table 6)  2.0%  18.4%

Note: Average wages by education group are from a 3-year pooled sample of workers by industry from 2009–2011.

Source: Author's analysis of Current Population Survey Outgoing Rotation Group microdata

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