00:00
00:00
View Profile Al6200
Electrical Engineering student. Life is pretty good, but boring.

Alex Lamb @Al6200

Age 33, Male

Studying Engineering

JH

Alpha Quadrant, Milky Way

Joined on 12/3/05

Level:
15
Exp Points:
2,220 / 2,500
Exp Rank:
26,944
Vote Power:
5.67 votes
Rank:
Police Officer
Global Rank:
16,081
Blams:
231
Saves:
379
B/P Bonus:
10%
Whistle:
Normal
Medals:
7

Perception and reality in the job market

Posted by Al6200 - February 1st, 2009


I went to the BLS website, and got some salary statistics for different careers. The really interesting thing I see from the statistics is the disparity between what people think are average salaries, and what the average salaries actually are. Most people would assume that lawyers make more than engineers, but in reality the average salary for a law school graduate isn't all that high. The thing is that law school graduates have a much higher standard deviation in their salaries, and most people only focus on the lawyers who make the most money.

I'd imagine that people do the same thing when they're thinking about going to college or grad school. They always think that they're going to be above average, even though in reality the average person is average.

The only other interesting thing to point out is that in China, all of the major leaders are engineers. Hu Jintao, Jiang Zhemin, Wen Jiabao - all engineers. In contrast, most American leaders are lawyers or businessman. Usually Republicans are the businessman, and Democrats are the lawyers, but there are exceptions. Bush Sr. was an economist, and Reagen was an actor (which, in my opinion, made them, respectively, the best and worst presidents of the later half of the 20th century).

Perception and reality in the job market


Comments

There has a recent thread of engineer taking over the govt. Our former governor is an agricultural engineer, and so is our Vice President. The Governor/Mayor of the City of Buenos Aires is also an Engineer.
Why? I dunno

It's probably because engineers have awesome analogies that they can use to win over the populace.

"Sir, I've been designing bridges for over 20 years now, and I know that you can't build a bridge without a solid foundation. But the dumbocrat's want to build our bridges of education without a solid foundation of after school programs. Why?"

WHOA Mathematicians??? Who would have thought?

I have 120 BS degrees.

> >

That either went over my head, or you've been around for centuries.

I have 20% of a BS degree.

I've got like 15% of a BS degree.

So I'm guessing that Mathematicians are people with Phd.
That would explain the difference.
Is that the difference between Law Graduates and Lawyers?

A law graduate is anyone who gets a JD from an accredited law school. Lawyers are people who can get actually get jobs as lawyers. Law graduate salaries are a bimodal distribution, with the lawyers on the right and everyone else on the left.

http://www.elsblog.org/the_empiri cal_legal_studi/2008/07/how-the-c ravath.html

I think Mathematicians mostly have Ph.Ds but I'm not sure. Most people who just get a BS in math end up becoming Actuaries.