Education and Earnings
American workers are becoming more educated. Between 1963 and 1993, the fraction of the full-time workforce without a high school diploma fell from about 40% to around 10%, while the share of college graduates rose from approximately 10% to about 25%.
Suggested citation: “Education and Earnings,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-07, pp. 12-13, 07.01.1996.