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What is the lowest paying job with a degree?

What is the lowest paying job with a degree?

Lowest-Paying Majors

  • Metalsmithing: $40,300.
  • Medical Assisting: $44,800.
  • Mental Health: $45,000.
  • Early Childhood Education: $45,400.
  • Outdoor Education: $46,300.
  • Rehabilitation Counseling: $46,400.
  • Child and Family Studies: $46,500.
  • Addiction Studies: $47,000.

Do jobs pay more if you have a degree?

College-educated workers enjoy a substantial earnings premium. On an annual basis, bachelor’s degree holders earn about $32,000 more than those whose highest degree is a high school diploma. The earnings gap between college graduates and those with less education continues to widen.

What jobs have low minimum wage?

The 25 lowest paying jobs in the US

  1. Laundry and dry-cleaning workers.
  2. Combined food preparation and serving workers, including fast food.
  3. Dishwashers.
  4. Dining room and cafeteria attendants and bartender helpers.
  5. Food preparation workers.
  6. Cashiers.
  7. Maids and housekeeping cleaners.
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What degree pays the most?

Highest Paying Jobs With a Bachelor’s Degree

Rank Major Mid-Career Pay
Rank:1 Petroleum Engineering Mid-Career Pay:$187,300
2 Operations Research & Industrial Engineering Mid-Career Pay:$170,400
3 Electrical Engineering & Computer Science (EECS) Mid-Career Pay:$159,300
4 Interaction Design Mid-Career Pay:$155,800

Why getting a degree is important?

Why Is College Important? College is important for many reasons, including long-term financial gain, job stability, career satisfaction and success outside of the workplace. With more and more occupations requiring advanced education, a college degree is critical to your success in today’s workforce.

Should I accept lower salary?

If you’re out of work and you need money to pay the bills, it’s better to take a lower-paying job than to have no job at all. “There are fewer jobs out there and you may not only have to take less money, you may end up having to take less job,” Courtney says.

Should I accept a job for less money?

If savings are running out, and unemployment benefits are near an end as well, working for less money may be necessary and preferable to the alternatives. If you’re considering a job with a lower salary, make sure you’re financially comfortable with the decision, and can comfortably live on the lower income.

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Are jobs down 22\% for low-wage workers?

Jobs are still down 22\% for low-wage workers. They’re up for everyone else Jobs for workers who earn less than $27,000 a year were down 22\% in July relative to mid-January 2020, according to data from Opportunity Insights. Employment is up 3\% for mid-wage workers and 10\% for the highest-paid over the same time period.

What percentage of college graduates are underemployed?

Close to half of those who graduate from college with a bachelor’s degree can expect their first job to not require any degree, according to college graduates job statistics. 13. 33.8\% of all college graduates are underemployed.

Do the earnings of college graduates and high school–only workers differ?

The earnings of the top half of high school–only workers overlap those of the bottom half of college graduates.

Do community college graduates have a lower unemployment rate?

The unemployment rate for those with a bachelor’s degree or higher stays relatively low if we consider the fact that the unemployment rate has increased drastically because of the coronavirus pandemic. However, statistics about community college graduates indicate that people with less education can’t expect the same.