Friday, May 31, 2013

College majors, unemployment and earnings 2013

From the press release (

In the past, a college degree all but assured job seekers employment and high earnings, but today, what you make depends on what you take. In Hard Times 2013, we show differences in unemployment and earnings based on major for BA and graduate degree holders. We show that STEM — Science, Technology, Engineering, and Mathematics — majors typically offer the best opportunities for employment and earnings, while unemployment is higher for graduates with non-technical degrees.

Here are some of our major findings:

1. Even as the housing bubble seems to be dissipating, unemployment rates for recent architecture graduates have remained high (12.8%)...

2. Unemployment is generally higher for non-technical majors, such as the arts (9.8%) or law and public policy (9.2%).

3. People who make technology are still better off than people who use technology...

4. Unemployment rates are relatively low for recent graduates in education (5.0%), engineering (7.0%), health and the sciences (4.8%)...

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