Document Number: 10776Hard Times: College Majors, Unemployment and Earnings - Though the authors conclude a college degree still pays, they add that not all degrees are equal. Here are some factoids: Recent college graduates with a bachelorís degree or better still bear the greatest risk with unemployment rates ranging from 4.8 percent to a high of 14.7 percent. Nurses and elementary education majors have lowest unemployment rates at 4.8% and 5.0% respectively; architecture and information systems majors have the highest at 12.8% and 14.7%. Unemployment rates decrease as recent college graduates gain experience and graduate education. (Anthony P. Carnevale, Ban Cheah and Jeff Strohl, Center on Education and the Workforce, May 2013)...
Related IssuesEconomic/Workforce Development