Webthere are three reasons to focus a discussion of rising inequality on the economic payoff to skills and education. First, the earnings premium for education has. Webeducation can affect earnings rates or earnings per unit period of time worked; Affect labor force participation, especially at different stages of the life cycle; And it can affect. Webdata in the chart indicate how weekly earnings and rates of unemployment vary by educational attainment for workers ages 25 and older at a broad level. Individual experiences differ, however, depending on factors such as your field of degree and your. Webthe research presented in these papers applies an equity lens to the philosophical, measurement, and policy considerations and assumptions underlying key components. Webthe mincer earnings function is an economic equation used to analyze the relationship between an individual’s earnings and their educational attainment alongside.