People with the highest qualifications are still earning more according to data from the Labour Force Survey carried out by the ONS. The pay gap is lower comparing those educated to GCSE or equivalent with those educated to a higher level in 2010 than in 1993. Employees with a minimum of a degree earned 85% more (95% in 1993), with higher education qualifications (not a degree) earned 45% more (54% in 1993) and those with 'A' level or equivalent 15% more (18% in 1993). The pay gap with those with no formal educational qualifications remained fairly stable at about 20% less than those with GCSEs. The increase in the number of people with degrees has had an impact on the kinds of jobs the group performs and means that they are now more likely to work in lower skilled jobs.
The survey covers people aged between 22-64 as most people have finished their formal education by this time. People with GCSEs increased from 17% to 20% between 1993 and 2010. The percentage of people with a degree increased from 12% in 1993 to 25% in 2010, more than double. The number of people with no formal qualification has fallen from 25% in 1993 to 11% in 2010.
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