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Employment Projections

Education pays

Other available formats: (XLSX)

 Table 5.1 Unemployment rates and earnings by educational attainment, 2020

Educational attainment

Median usual weekly earnings ($)

Unemployment rate (%)

Doctoral degree

1,885

2.5

Professional degree

1,893

3.1

Master's degree

1,545

4.1

Bachelor's degree

1,305

5.5

Associate's degree

938

7.1

Some college, no degree

877

8.3

High school diploma

781

9.0

Less than a high school diploma

619

11.7

Total

1,029

7.1

Note: Data are for persons age 25 and over. Earnings are for full-time wage and salary workers.

Source: Current Population Survey, U.S. Department of Labor, U.S. Bureau of Labor Statistics

Data graphic

These education categories reflect only the highest level of educational attainment. They do not take into account completion of training programs in the form of apprenticeships and other on-the-job training, which may also influence earnings and unemployment rates. For more information on training, see: https://www.bls.gov/emp/documentation/education-training-system.htm.

BLS has some data on the employment status of the civilian noninstitutional population 25 years and over by educational attainment, sex, race, and Hispanic origin online.

The Census Bureau also has some data on educational attainment online.

 

Last Modified Date: September 8, 2021