Good Jobs Are Back:
College Graduates Are First in Line
Anthony P. Carnevale, Tamara Jayasundera and Artem Gulish
August 17, 2015
• Despite stories in the media about low-wage jobs
dominating the recovery, our report finds good jobs
have grown the most in the recovery
• Most of the good jobs are full-time and provide
health insurance and retirement plans
• A majority of the good jobs created have gone to
What is a Good Job?
• Oﬀer more than $53,000 annual earnings
• Are full-time
• Provide employer-provided health insurance
• Provide employer-sponsored retirement plans
Of the 6.6 million jobs created, 2.9 million were
(more than $53,000)*
(less than 32,000)*
Middle-wage and low-wage jobs have recovered
at a slower rate
• Middle-wage jobs have not fully recovered from the recession
– They remain 900,000 below their pre-recession employment levels
• Low-wage jobs have recovered from all recession job losses
– However, they are still growing at a slower rate than good jobs
Full-time jobs make up the majority of good jobs
• Eighty-six percent of good jobs are full-time
• Eighty percent of middle-wage jobs are full-time
• Sixty-two percent of low-wage jobs are full-time
– Low-wage jobs are now more likely to be part-time than
they were in the Great Recession
The majority of good jobs include benefits
health insurance and employer-sponsored retirement plan as workers in low-wage jobs.
68% 54% 33%
61% 46% 25%
Source: Georgetown University Center on Education and the Workforce analysis of Current Population Survey (CPS) data, 2008.
Share of workers
Good jobs Middle-wage jobs Low-wage jobs
College graduates landed the majority of good jobs
Employment change in good jobs, 2010-2014
Some College/AABA or higher
diploma or less
Source: Georgetown University Center on Education and the Workforce analysis of Current Population Survey (CPS) data 2010-2014.
Managerial and professional oﬃce professions account
for the most growth among good jobs
Source: Georgetown University Center on Education and the Workforce analysis of Current Population Survey (CPS) , data, 2010-2014.
Employment change in high-wage occupations, 2010-2014
and the arts
• Obtaining a college degree is the best option to finding a good
job.The more education you have, the better your chances to
land a full-time job that provides benefits and a competitive
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Benefits make up 31 percent of the total employee compensation
Workers in good jobs are almost twice as likely to have access to employer-provided health insurance and employer-sponsored retirement plans.
Ninety-seven percent of god jobs added in the recovery went to college graduates
Workers with a high school diploma or less who continued to loose jobs at every wage tier
The largest growth among good jobs has been in managerial and professional office positions, STEM, and healthcare positions.
The largest growth among middle-wage jobs has been in education and community service.
The largest growth among low-wage jobs has been in food, personal service, sales, and office support (58%)