The PBS NewsHour has some terrific reporting on an important topic: the job market for the two-thirds of working-age adults who don’t have a college degree.
The problem facing many of them is that, despite their hard work, they will earn much less over their lifetimes than college graduates. In stories for the NewsHour, Paul Solman highlights the opportunities available to workers without degrees at a time that many employers are scrambling to find smart, energetic people to fill good-paying jobs with benefits in light manufacturing and the skilled trades.
Women of color are catching on and entering fields like carpentry and plumbing – in fact, they are over-represented in the trades. But Solman talked to employers early this year who cannot find enough young adults willing to consider working in the trades.
This new NewsHour video (above) features IBM, which has to compete for employees with flashy firms like Apple and Google. IBM created an internship program to train people like Reinaldo Rodriguez for “new-collar jobs” that don’t require a bachelor’s degree. The former supervisor for a drug store chain that cut his pay after he was promoted now works in an IBM electronics lab.
Opportunities like these pay enough for people to support their families. And they are a great alternative to borrowing a lot of money for a bachelor’s degree that won’t necessarily guarantee a job.
Squared Away writer Kim Blanton invites you to follow us on Twitter @SquaredAwayBC. To stay current on our blog, please join our free email list. You’ll receive just one email each week – with links to the two new posts for that week – when you sign up here. This blog is supported by the Center for Retirement Research at Boston College.