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What are the economic prospect for 2019 high school grads?

EPI has its annual report on the prospects for 2019 high school grads.  Class of 2019 High school edition by Elise Gould, Julia Wolfe, and Zane  Mokhiber (6/6/19) has 17 key findings and 11 graphs with data.  For example, their graph here (figure I) gives hourly wages in 2018 dollars for high school graduates not enrolled in further schooling.  As compared to 2000 wages for men as well as Black high school graduates are lower; all other groups have gone up. In fact, Hispanics make more than all other groups, including White graduates.

A few other highlights from the key findings:

Asian Americans/Pacific Islanders are significantly more likely to have begun on the college path at this age than any other racial/ethnic group.

Young black high school graduates are roughly twice as likely to be unemployed as their white and AAPI peers.

Average wages for young high school graduates recently surpassed their 2007 level, but remain just below their 2000 level, representing two lost decades of wage growth.

Black students (that go on to college) take on a disproportionate amount of debt, in part because their families generally accumulate less wealth than white families.

The entire report is worth reading.

Related post: What are the prospects for high school grads?

About Thomas J. Pfaff

Thomas J. Pfaff is a Professor of Mathematics at Ithaca College. He created this website because he believes that sustainability, ranging from climate change to social justice, should be included in all courses whenever possible.

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