The Current Population Survey (CPS), sponsored by the Census Bureau and the BLS, is an important source of labor market data. The CPS is a monthly survey of about 60,000 households in the US. The survey provides information about the size of the labor force and on labor market outcomes for households and individuals in the survey. You can learn more about the CPS at http://www.bls.gov/cps/home.htm.

Going off of question 2- (From the CPS homepage at the BLS (address given above), find the "CPS Databases". Find the link to the "Top Picks" for Weekly & Hourly Earnings. Under the top picks, choose (by clicking the box) Median weekly earnings for those 25 years and over with a Bachelor's Degree only, high school grads and those with less than high school diploma ("LT High sch dipl"). Find the weekly median earnings for the three groups. Using data from the most recent quarter, calculate 2 ratios: the ratios of weekly earnings of college graduates to weekly earnings of high school graduates and the ratio of weekly earnings of college graduates to weekly earnings of those with less than a high school diploma. Using Excel, make bar graph showing the 2 ratios. (provide a proper title, etc.)

I need help with this number 3- (1)Assume a high school graduate works from age 18 to 65, 50 weeks a year. How much will the person have earned? Now make the same calculation for a college graduate, but assuming they work from age 22-65.Show or explain your calculations.