View Content #7469
| Contentid | 7469 |
|---|---|
| Content Type | 1 |
| Title | Article: Learn a Language, Get a Raise |
| Body | From http://abcnews.go.com/Business/SmallBiz/story?id=4349200&page=1 Learn a Language, Get a Raise Some Foreign Language Skills Are Worth More Than Others in the Workplace Calculating the exact value of learning a second language has vexed economists. For example, it is difficult to separate the wage increases associated with learning a foreign language from other, closely co-related variables like education and motivation. Still, some economists have tried. In 2005, Albert Saiz, an economist at the University of Pennsylvania, and Elena Zoido, an economist at the consulting group LECG, published a study comparing wage premiums for American college graduates who spoke Spanish, French, German, Italian, Russian and Chinese as a second language. In their findings, the law of supply and demand prevailed. With its 1.7% wage premium, Spanish was the least valuable, followed by French (2.7%). Knowledge of German, Italian, Russian and Chinese was slightly more valuable, translating into an average 4% income boost. Read the entire article at http://abcnews.go.com/Business/SmallBiz/Story?id=4349200&page=1 . |
| Source | ABC News |
| Inputdate | 2008-03-09 10:08:12 |
| Lastmodifieddate | 2008-03-09 10:08:12 |
| Expdate | Not set |
| Publishdate | 2008-03-10 00:00:00 |
| Displaydate | Not set |
| Active | 1 |
| Emailed | 1 |
| Isarchived | 1 |
