🤖 Chinese AI Apps Gain Global Popularity. College Graduates Earn 50% More. Nurses Report Low Pay.
Chart of the Day #515 Looks at College Wage Premium, Reasons for Nurses To Switch Jobs, and Chinese AI Apps in the Global Space.
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Today's Topics
🎓 Higher Education. College graduates earn >50% than non-graduates
⚕️ Health Skills. Nurses cite low pay despite increasing shortages
🤖 Artificial Intelligence. AI-powered Chinese apps are gaining global popularity
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🎓 College Graduates Earn >50% Than Non-Graduates

By 2024, US college graduates earned over 50% wage premium over high-school graduates, underscoring the enduring earnings advantage of tertiary education. However, degree value is fragmenting as bachelor’s credentials become a baseline rather than a differentiator. However, even companies such as Google announced how a degree is not a prerequisite for employment. There is also a rising trend of teenagers increasingly bypass college for early ventures and entrepreneurship and skill based jobs, while online certifications and micro-credentials gain traction for job-ready skills, reshaping how human capital is valued in a digital economy.
⚕️ Nurses Cite Low Pay Despite Increasing Shortages

In 2024, 73% of US nurses cited pay and compensation as the main reason for changing jobs, highlighting a growing mismatch between rising healthcare demand and stagnant wages. This churn is worsening staffing shortages, especially in hospitals and long-term care. This shortage has become an avenue for overseas health professionals to enter the country and gain residency as well. Federal responses include CMS workforce funding and state-level retention bonuses, but uneven pay growth continues to strain care delivery and system capacity.
🤖 AI-Powered Chinese Apps Are Gaining Global Popularity

In 2024, Chinese AI apps gained massive global traction, moving outside of strong domestic markets, with Picsart exceeding 115 M downloads and others like InShot and Gauth also performing strongly. Many offer premium features for free or at low cost, boosting accessibility and user adoption. The specialised camera effects and image-editing segment is rapidly expanding, alongside short-form content platforms such as TikTok, with Chinese AI apps combining cross-platform compatibility, advanced filters, and AI-powered enhancements to capture a growing global market.
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