Unemployment & Salaries: Your Major Matters
Unemployment For College Majors
Earnings For College Majors
Source: “Hard Times, College Majors, Unemployment and Earnings: Not All College Degrees Are Created Equal“,The Georgetown University Center on Education and the Workforce
Earlier this year, the Georgetown University Center on Education and the Workforce published a study on unemployment rates and salaries for various college majors. Saying that unemployment among recent graduates with new Bachelor’s degrees is on average 8.9%, it states that “ … as the recovery proceeds and recent college graduates gain access to work, especially in their major fields, their unemployment rates will drop substantially …“ and „ … staying on campus to earn a graduate degree provides safe shelter from the immediate economic storm, and will pay off with greater employability and earnings …“
According to the study, unemployment among recent college graduates in Economics reaches 9.4%, 5.7% for college graduates with work experience and 4.6% for graduate degree holders. Average salaries of graduates in Economics stand at $48,000 for Bachelor’s degrees, $76,000 for college graduates with experience and $101,000 for graduate degrees.
Top Master's Programs in Economics
This article focuses on master's in economics. For students with interest and aptitude in both social sciences and mathematics, economics can be the ideal subject to combine these skills. A master's in economics can be preparation for further academic research, or can be a route into a job either in private industry or in the government.
- Economics PhD Recruitment
How to Advertise your Doctoral Programs in Economics
Traditional Channels 1) Optimize your website: make sure the design and information placed on your PhD program website is optimized to answer prospective applicants’ questions. Include clear instructions on how to apply and provide a contact option for applicants to get in touch. Include information about research areas, cooperation with other institutions, research facilities available, etc.