National Association of State Directors of Career Technical Education Spring Meeting

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National Association of State Directors of Career
Technical Education Spring Meeting
Georgetown University Center on Education and the
Workforce April 9, 2009
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Figure 1 The Business Cycle We need to think
about acting in a recession as setting the
grounds for recovery
Source CEWs Analysis of Macroeconomic Advisers
(MA) Long-term Economic Outlook, January 2009
Carnevale, Strohl and Smith, 2009
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Figure 2 Those with relatively lower levels of
human capital are most negatively affected by
recessions Unemployment by Education Level
Source Bureau of Labor Statistics, Employment
Situation (various years)
Carnevale, Strohl and Smith, 2009
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Figure 3 Most current data on unemployment by
education level
Source Bureau of Labor Statistics, Employment
Situation (February 2009)
Carnevale, Strohl and Smith, 2009
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Figure 4 Education Requirements for Stimulus
Package Jobs
Source Carnevale, Strohl and Smiths analysis of
ONET Education and Training data by Occupation
Carnevale, Strohl and Smith, 2009
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Figure 5 Many of the non-college jobs in the
stimulus package require employer-paid classroom
training which is often short and could be
satisfied by job preparation and other training
Non-college jobs include high school dropouts,
high school graduates, post-secondary
certificates and some college but no
degree. Source Carnevale, Strohl and Smiths
analysis of ONET Education and Training data by
Occupation
Carnevale, Strohl and Smith, 2009
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Figure 6 Distribution of Education in Jobs,
(1973, 1992, 2007, 2018) Percentage of prime-age
(25-54) employment
Source CEWs Analysis of March CPS data, various
years
Carnevale, Strohl and Smith, 2009
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Figure 7 On average, earnings follow the
hierarchy of educational attainment
Carnevale, Strohl and Smith, 2009
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Figure 8 But earnings also depend on field of
study
Source National Educational Longitudinal Study,
2000
Carnevale, Strohl and Smith, 2009
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Figure 9 Sometimes Certificates are more
valuable than AAs or even BAs a Certificate in
Engineering earns more than an AA in the Liberal
Arts, Educationand Social and Natural Sciences
and more than a BA in Education
Carnevale, Strohl and Smith, 2009
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Figure 10 Even when one receives an AA degree,
there is wide variation in the earnings
Source March CPS data, 2007
Carnevale, Strohl and Smith, 2009