The following article is archived and is no longer considered up-to-date. Please interpret its content in the context of the publishing date.


          Unemployment & Salaries: Your Major Matters

ARCHIVED

Unemployment & Salaries: Your Major Matters

Read a summary or generate practice questions using the INOMICS AI tool

By

Unemployment For College Majors

Earnings For College Majors

Source: â€śHard 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.

INOMICS AI Tools

The INOMICS AI can generate an article summary or practice questions related to the content of this article.
Try it now!

An error occured

Please try again later.

3 Practical questions, generated by our AI model