Friday, January 20, 2012

Unemployment rates by major for college grads

According to a recent CNNMoney article, if you want the best odds of getting a job after graduation, don't major in architecture. A recently-released report from the Georgetown Center on Education and the Workforce finds that among recent college grads, architecture majors have the highest unemployment rate at 13.9 percent. Even after gaining years of experience, architecture grads ages 30 and over have an unemployment rate of 9.2 percent. Arts majors also face high unemployment rates, at 11.1 percent for recent college graduates and 7.1 percent for those with work experience.

Which degrees might show better employment outcomes? According to the Georgetown report, the education, health care, business, and professional services industries have been the most stable employers for recent college graduates. Unemployment rates are relatively low (5.4%) for recent college students who majored in health care and education fields because these majors are attached to stable or growing industry sectors.

Get more information in the CNNMoney article, or from the Georgetown report.

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