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Why College! Is it for me?
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1, 2, 4 years or more Certificates, Apprenticeships Associates Degrees
Bachelors Degree Or more…… Graduate Degrees
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What happens during a recession?
Less skilled and lower paid workers are usually the first to be fired in recessions and the last hired in recoveries. The most skilled are the last fired in recessions and the first hired in recoveries. Good Jobs Are Back by Anthony P. Carnevale, Tamara Jayasundera, Artem Gulish
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Recession
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Recovery From January 2010 through April 2016:
Over 99 percent of the job growth in the recovery went to workers with more than a high school diploma. Workers with a high school diploma or less saw virtually no jobs recovery. Workers with a Bachelor’s degree added 8.4 million jobs, while workers with high school diplomas or less added only 80,000 jobs. America’s Divided Recovery, June 30, 2016
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Job Change by Industry Consulting and business services added the largest number of jobs in the recovery (2.5 million) Manufacturing has 1 million fewer jobs than it did before the recession began. Construction added 834,000 jobs during the recovery but is still 1.6 million jobs short of its pre-recession employment. America’s Divided Recovery, June 30, 2016
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Job recovery in Construction and manufacturing are lagging behind
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The rising cost of not going to college www.pewresearch.org
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Graduate on time & get ahead http://higheredutah.org
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What is a good job? Good jobs are in the upper-third by median wages of occupations in which they are classifed. These good jobs pay more than $53,000 annually for a full-time, full-year (FTFY) worker. A majority of these good jobs are full time (86 percent), offer health insurance (68 percent), and provide an employer-sponsored retirement plan (61 percent). On average, the employer-provided benefits add more than 30 percent on top of the employees’ reported annual wages and salary. 97 percent of good jobs added in the recovery went to college graduates. Good Jobs Are Back by Anthony P. Carnevale, Tamara Jayasundera and Artem Gulish
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Low-wage jobs Jobs in the lowest third by median wages of occupations in which they are classified. Pay less than $32,000 per year for an FTFY worker. 62 percent of workers in low-wage jobs are full-time. 33 percent provide health insurance and 25 percent of low-wage jobs include employer- sponsored retirement plans.
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Middle-wage jobs Pay $32,000 to $53,000 per year for a full-time, full-year worker. 54 percent of middle-wage jobs provide health insurance 46 percent provide an employer-sponsored retirement plan.
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25 highest paying jobs in 2016 Most of the 25 highest-paying occupations require both a high level of experience and education. High pay continues to be tied to in-demand skills, higher education, and working in jobs that are protected from competition or automation. Andrew Chamberlain, Glassdoor’s Chief Economist
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So, Is college for you? 1, 2, 4 years or more?
Career choices Financial opportunities Employment opportunities Advancement Opportunities “The modern economy continues to leave Americans without a college education behind.” America’s Divided Recovery by Anthony P. Carnevale, Tamara Jayasundera, Artem Gulish
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