Your High School GPA May be an Indicator of Earnings Potential
Your high school GPA is strongly correlated with how much you’ll earn as a worker, a new study found. For a one-point increase in a person’s high school GPA, average annual earnings in adulthood increased by about 12 percent for men and about 14 percent for women. Men who were born between 1960 and 1964 and graduated from college earned a median of $802,000 in cumulative earnings by the time they were in their mid 40s. Meanwhile, median earnings for high school graduates fell from $435,000 to $243,000 over that same time period. (WashingtonPost.com)
Best Apps for Job Hunting
Jobr: is trying to be the Tinder for job hunting. Fill out a résumé and job openings that match your profile will pop up one by one. You swipe to the right to register interest, and if the hiring party likes you too, Jobr sets up a phone chat (Free, iOS only).
Job Interview Q&A: offers just what the name says. It poses common interview questions to which you respond. It also explains in each case what managers are hoping to learn (Free, Android only).
Job Compass: lists jobs by ZIP code and covers dozens of countries–in case your up for a big change (Free, iOS only).
Job Search: from JobandTalent, improves on the average job-search engine with a beautifully designed interface that helps you sort through and stay up on the openings that interest you. (Free, Android or iOS)
Best Companies to Work For
When it comes to attracting workers, tech companies are tops. A new report from Glassdoor used employee feedback to rank the top 25 employers, with firms like Google, Facebook, and Adobe leading the way thanks to pay and perks (FastCompany.com).
Why College Degrees Are Losing Value
Congratulations, graduates–your diploma may be worthless, said Richard K. Vedder in BloombergView.com. “American institutions will confer about 1.8 million bachelor’s degrees this year,” and while many of those grads will land solid, well-paying jobs, many more “face an uncertain future.” In fact, “many will end up taking jobs historically done by those with high school diplomas or even less.” Surely, the financial crisis, enduring recession, and sluggish recovery are partly to blame. But there is a longer-term problem at work: “There are simply more college graduates than jobs requiring college degrees.” And it’s getting worse. The Bureau of Labor Statistics predicts a gain of more than 15 million jobs by 2022, but less than a third of them will require a college education. Of course, “as word spreads that college degrees do not guarantee vocational success,” many students may choose to skip college–and student debt–altogether. But “solving the problem will be very difficult so long as politicians find it expedient to dole out aid and cheap loans” to students who won’t benefit from college at all. The bottom line is that unless we overhaul how we finance higher education, we will continue to have “a lot of graduates with low paying jobs, big debts, and unfulfilled expectations.”