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Document Number: 10776

Hard 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 Issues

Economic/Workforce Development

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