SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

The Education That Pays Off the Most – and the Least

Obtaining a higher education degree means an economic gain for many – but not for all. Several educations are still not particularly profitable, shows a new report from the trade union Saco. It can become so that we have difficulty recruiting for these jobs, says chairman Göran Arrius.

» Published: Today, 06:00

The Education That Pays Off the Most – and the Least
Photo: Fredrik Sandberg/TT

Investing in education is generally seen as an important investment, both for the individual and for society.

A majority of the 35 higher education programs that Saco has gone through in its report have a positive impact on one's own economy compared to starting work directly after high school.

The answer to that question is yes. For the average academic, it is still the case that it pays off economically to get an academic education, says Göran Arrius.

Female-dominated professions

This applies, for example, to medical education, economic education, and civil engineering education. Even a law degree is seen as a clear plus.

But there are also large differences. Not all educations are profitable from an economic perspective.

One can conclude that for female-dominated education groups employed in the public sector, it looks worse. It is there that we find many of the educations that lead to a negative economic outcome compared to if one had started working directly after high school.

Hard to attract people

According to the report, this applies, for example, to preschool teachers and librarians.

What surprises me is that we know today that there is a shortage in many professions, primarily in the public sector. One could think that if it is difficult to recruit for these jobs, it would drive up wages, but it doesn't seem to have had an impact.

Besides it not being profitable enough for the individual, there is also a societal perspective to this, Arrius believes.

This is often important jobs, and if it year after year shows that there is no economic return on this, it can become difficult to recruit for these jobs, he says.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

The stock market starts the week on a plus
1 MIN READ

The stock market starts the week on a plus

Optimism despite tough times for retail
1 MIN READ

Optimism despite tough times for retail

Upward trend on the Tokyo Stock Exchange – downward trend in China
1 MIN READ

Upward trend on the Tokyo Stock Exchange – downward trend in China

Cryptocurrency victory in the US Congress
1 MIN READ

Cryptocurrency victory in the US Congress

ECB Hiker: Can Cut Even if Fed Doesn't Cut
2 MIN READ

ECB Hiker: Can Cut Even if Fed Doesn't Cut

Now Black Week starts – here are five best tips
2 MIN READ

Now Black Week starts – here are five best tips

He still believes in the German Northvolt factory
2 MIN READ

He still believes in the German Northvolt factory

Chinese Cars from Spanish Factory
1 MIN READ

Chinese Cars from Spanish Factory

The Ski Holiday Becomes Increasingly Expensive – "Like a Luxury Trip"
2 MIN READ

The Ski Holiday Becomes Increasingly Expensive – "Like a Luxury Trip"

Nvidia CEO: Don't Close the Borders
1 MIN READ

Nvidia CEO: Don't Close the Borders

Pilot Strike – Finnair Cancels 300 Flights
1 MIN READ

Pilot Strike – Finnair Cancels 300 Flights

Billion-dollar amounts at stake in Northvolt's crisis
2 MIN READ

Billion-dollar amounts at stake in Northvolt's crisis

German industry leader warns of new energy crisis
1 MIN READ

German industry leader warns of new energy crisis

The new ISK tax is decided
3 MIN READ

The new ISK tax is decided

Amazon doubles investment in AI company
1 MIN READ

Amazon doubles investment in AI company

Trump nominates billionaire to finance minister
3 MIN READ

Trump nominates billionaire to finance minister

Cheerful on Wall Street – bitcoin nears dream limit
2 MIN READ

Cheerful on Wall Street – bitcoin nears dream limit

Northvolt to Apply for Swedish Reconstruction as Well
2 MIN READ

Northvolt to Apply for Swedish Reconstruction as Well

Billion Fines for Unreasonable Fees on Air Travel
1 MIN READ

Billion Fines for Unreasonable Fees on Air Travel

Bosch reduces workforce by 5,500
1 MIN READ

Bosch reduces workforce by 5,500