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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