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Middleboro Review 2

NEW CONTENT MOVED TO MIDDLEBORO REVIEW 2

Toyota

Since the Dilly, Dally, Delay & Stall Law Firms are adding their billable hours, the Toyota U.S.A. and Route 44 Toyota posts have been separated here:

Route 44 Toyota Sold Me A Lemon



Wednesday, August 23, 2017

MBPC: MA becomes first state with majority college-educated workforce






MassBudget

 Massachusetts Budget and Policy Center


MA becomes first state with 
majority college educated workforce


Massachusetts has added another chapter to its history as the nation's leader in education, becoming the first state ever with 50 percent of its workforce holding a bachelor's degree, according to MassBudget's new report, "Education and State Economic Strength: A Snapshot of Current Data." The study highlights the ever-strengthening link between educational attainment and strong state economies.
Massachusetts and New Jersey have the two best-educated workforces and the two highest median wage levels in the United States. Nationwide, 35.5 percent of the labor force holds a college degree, compared to 50.2 percent in Massachusetts. The U.S. median wage in 2016 was 
$17.80; in Massachusetts it was $21.22.

 
The report also finds a strong connection between educational attainment and earnings within Massachusetts. Among the state's 25 largest cities and towns, those with the highest rates of college-degree attainment have the highest household incomes while those with the lowest prevalence of college degrees have the lowest household incomes. Expanding educational opportunity can help a lot of young people and strengthen our economy, but it won't by itself ensure that economic growth leads to rising wages for working people.
The report's findings demonstrate that since 1979, inflation-adjusted wage growth overall has been flat or weak for most Massachusetts workers, including those with a college education. But over nearly four decades there has been growth in the "college wage premium" - the additional amount earned by workers with a college degree compared to those who have not attended college. By 2016, the median wage for Massachusetts workers with a college degree was twice that of workers with no more than a high school diploma.
The link to the MassBudget report is here

The Massachusetts Budget and Policy Center (MassBudget) produces policy research, analysis, and data-driven recommendations focused on improving the lives of low- and middle-income children and adults, strengthening our state's economy, and enhancing the quality of life in Massachusetts.

MASSACHUSETTS BUDGET AND POLICY CENTER
15 COURT SQUARE, SUITE 700
BOSTON, MA 02108
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Massachusetts Budget and Policy Center, 15 Court Square, Suite 700, Boston, MA 02108




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