Some college majors that lead to high-paying jobs also come with above-average unemployment rates — and that includes majors in fields like engineering, cognitive science, and the arts. The major with the highest unemployment rate was petroleum engineering, with 7.5% — despite graduates with that major having a median income of $87,600. Choosing a field of study in college is a personal decision often based on interests and talents. It would be tough to name the major with the very highest unemployment rate; there are so many with high unemployment rates. Two of our most popular services are. Center Locations Share. We have open positions! A new study has listed which college majors have the highest and lowest unemployment rates. Potential career paths include government relations, legal services, nonprofit management, and community development. Instead, philosophy majors must rely on transferable skills when making the transition to the workforce. , the demand for civil engineers is also poised for 11 percent growth by 2026, which is faster than the average growth for all occupations. The college major is a base of knowledge, and for some, skill sets that may or may-not be in demand. Many of these science-based college majors prepare graduates to work in some of the highest paying jobs in the country. Home Majors Majors With The Highest Unemployment Rate 2018. A leading-edge research firm focused on digital transformation. Note: Rates shown are a percentage of the labor force. They analyzed unemployment rates, underemployment rates, and the median wages for college graduates aged 22-27. Professionals in this field may work at elementary schools, day care centers, preschools, or other institutions dedicated to educating young students. Photo Credit: Alamy Stock Photo. But for those who value employability after graduation above all else, some fields may be best avoided. Getting ready for a big test? Unlike the other education majors on this list, general education majors do not focus on a specific age group. A look into the tech transformations underway at the world's largest companies. The U.S. unemployment rate was 3.7% as of July 2019, according to the U.S. Bureau of Labor Statistics, and the unemployment rate for Bachelor’s degree recipients was 2.2%. Drama and theater arts. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Unemployment Rate. The major with the highest unemployment rate was petroleum engineering, with 7.5% — despite graduates with that major having a median income of $87,600. Early childhood education majors learn how to become teachers for students under the age of eight. College Majors with High Unemployment Rates. 1. The early-career median wage for Earth Sciences majors is $40,000. (1) Area boundaries do not reflect official OMB definitions. Read on to learn more about our top 10 majors with the highest unemployment rate. I was a professor at a large university for twenty-five years. Theology and religion accounts for an extremely small percentage of college majors, with only 9,804 bachelor’s degrees conferred in 2016. Median mid-career wage: $60,000. The graduate degree share is for individuals between 25 and 65 with a bachelor’s degree or higher. Subscriber While it’s clear that a college degree helps one’s employment prospects, studies have shown that some degrees are in much higher demand than others. LSAT tutoring, MCAT tutoring, GMAT tutoring, GRE tutoring, ISEE tutoring, SAT tutoring, ACT tutoring, OLSAT tutoring and NCLEX tutoring are all popular exams HeyTutor offers assistance in. Our tutors will help raise your scores. It’s important to note that this data represents a 2017-2018 average and was released on July 17, 2020. 1. To find which college majors have the highest and lowest unemployment rates, tutoring firm HeyTutor analyzed data from the U.S. Census Bureau 2016 & 2017 American Community Survey. To find which college majors have the highest and lowest unemployment rates, tutoring firm HeyTutor analyzed data from the U.S. Census Bureau 2016 & 2017 American Community Survey. report, the U.S. economy added 75,000 jobs in May 2019, and the unemployment rate remained at 3.6 percent—the lowest it’s been since December 1969. As did earnings. How we determined the hardest majors to get a job after college. To identify the undergraduate majors with the lowest unemployment rates, 24/7 Wall Street examined the findings of the U.S. Census Bureau’s 2018 American Community Survey, focusing on the respective unemployment rates. While some choose to become religion teachers themselves, others pursue careers in social work, ministry, nonprofits, and more. Both of the workers have a … Those with a bachelor’s degree (not including individuals with an advanced degree) have an unemployment rate of 2.5 percent. Consider working with an. 24/7 Wall St. reviewed data from the U.S. Census Bureau to identify the college majors with the highest unemployment rates. Share with graduate degree: 18.3%. Median early-career wage: $35,000. No take away from this, except number 1, unless you account for changing rates. The outlook looks good for even the highest unemployed majors in this list. We also have a number of tutoring jobs available for subject experts. This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. In fact, these types of people may be struggling hard to even get a job, because, according to new data, they’re just three of the college majors with the highest unemployment rate. We have open positions! We also have a number of, Majors with the lowest unemployment rates, Theology and religion majors study the doctrines of different religions from faith-based, historical, and dogmatic perspectives. 10. Theology and religion accounts for an extremely. It would be tough to name the major with the very highest unemployment rate; there are so many with high unemployment rates. To see which college majors boast the best employment numbers, StudySoup, a college learning community, decided to dig through the data to see which majors have the lowest unemployment rates for recent graduates. Geography majors study topics that span natural and social sciences, preparing them for careers in federal agencies, nonprofits, scientific research, and higher education. At the bottom end of the list, mass media, liberal arts and anthropology majors saw the highest unemployment rates at above 6.5%. At the bottom end of the list, mass media, liberal arts and anthropology majors saw the highest unemployment rates at above 6.5%. Unemployment and underemployment statistics are for bachelor’s degree holders and above that are between the ages of 22 and 27. Click here to see the college majors with the lowest unemployment… This page provides values for Unemployment Rate reported in several countries. . Need help with Math? In the computers and mathematics areas, information systems had the highest unemployment rate at 14.7 %. Download the Tutored App for free, to receive thousands of free notes! If you’re interested in our Math tutoring services, we can provide tutors in the following areas; Math tutoring in Los Angeles, CA, Math tutors in New York City, NY, Math tutors in Chicago, IL, and Math tutoring in Philadelphia, PA! Mass media has an unemployment rate of 7.8%, the highest number in the HeyTutor survey rankings. Students who major in elementary education intend to work as teachers for grades K-8. When assessing a major’s value in the marketplace, students should look beyond expected earnings and also consider factors like job security and projected career growth. Having a high-paying job doesn't necessarily mean you'll have job stability, and vice versa. Majors With the Highest Unemployment Using the WSJ tool, I looked at the 100 most popular college majors and discovered which ones have the highest unemployment rates. The college major is a base of knowledge, and for some, skill sets that may or may-not be in demand. Mass Media. Unemployment: 7.8%. The financial-education company Bankrate found the unemployment rates for college majors, based on the most recent available data from the US Census Bureau's American Community Survey. Since the 1950s, the number of people with less than a high school education has been cut in half. Data refer to place of residence. Some academic majors, however, have much higher unemployment rates… This drop continues a trend of steadily decreasing unemployment since the 9.9 percent peak during the Great Recession. . In 2013, nursing majors had the lowest unemployment rate in the US. Consider working with an SAT tutor or ACT tutor. Family and consumer sciences. WhatsApp. Getting ready for a big test? 1. Many people pick their college major based on what they are interested in. According to the Bureau of Labor Statistics, the demand for civil engineers is also poised for 11 percent growth by 2026, which is faster than the average growth for all occupations. Statistics Canada released June jobs numbers on Friday, and Edmonton posted the highest unemployment rate of any major Canadian city. Our most popular cities are: Los angeles, New York City, Chicago, Houston, Boston, Seattle. 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