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Explore the link between education, training, and earnings to maximize human capital. Learn about opportunity occupations and factors influencing career decisions. Engaging program for middle school students.
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New Orleans Branch Human Capital and EarningorYou Earn What You Learn Claire A. Loup 8th Annual Financial Education Boot Camp Baton Rouge, Louisiana Presented by: Claire A. Loup Sr. Economic & Financial Education SpecialistNew Orleans Branch, Federal Reserve Bank of Atlanta Claire.Loup@atl.frb.org
The opinions expressed are the those of the presenter, and not necessarily those of the Federal Reserve Bank of Atlanta or the Federal Reserve System.
Human capital is… • Knowledge • Talent • Experience • Skill How is human capital developed? Education and training
Source: Bureau of Labor Statistics at https://www.bls.gov/emp/ep_chart_001.htm.
By 2020, 65 percent of all jobs in the economy will require postsecondary education and training beyond high school. https://cew.georgetown.edu/wp-content/uploads/2014/11/Recovery2020.ES_.Web_.pdf
https://www.frbatlanta.org/education/publications/extra-credit/2016/spring/lessons-and-activities/high-school/personal-finance/teaching-human-capital.aspxhttps://www.frbatlanta.org/education/publications/extra-credit/2016/spring/lessons-and-activities/high-school/personal-finance/teaching-human-capital.aspx
https://www.frbatlanta.org/education/publications/extra-credit/2017/fall/lessons-and-activities/high-school/basic-economic-concepts/opportunity-occupations-infographic-activity.aspxhttps://www.frbatlanta.org/education/publications/extra-credit/2017/fall/lessons-and-activities/high-school/basic-economic-concepts/opportunity-occupations-infographic-activity.aspx
What percentage of people over the age of 25 had a bachelor’s degree? • What percentage of people over the age of 25 had only a high school diploma? • What was the unemployment rate for people with a bachelor’s degree or higher? • What was the unemployment rate for people with only a high school diploma? • What level of educational attainment resulted in the highest median annual earnings? • What percentage of the state’s residents over 25 lack associate’s or bachelor’s degrees? • How does a worker’s educational attainment relate to his or her rate of unemployment and median earnings? How might these relationships affect a worker’s decision making and/or choices?
Registered nurses had the highest annual median wage in 2014 in 10 of the 12 metropolitan areas. • Assume that you are mobile and trained as an R.N. Where do you want to live? • What factors are you likely to consider when deciding where to live?
Program Features • Designed for easy classroom implementation • Instructor-led program • Targeted for 7th to 9th grade students • Consumable student workbook • Detailed instructor handbook
New Orleans Branch Human Capital and EarningorYou Earn What You Learn Claire A. Loup 8th Annual Financial Education Boot Camp Baton Rouge, Louisiana Presented by: Claire A. Loup Sr. Economic & Financial Education SpecialistNew Orleans Branch, Federal Reserve Bank of Atlanta Claire.Loup@atl.frb.org