For those entering the workforce, a college education may be more important now than ever before. Which majors have the highest employment rate in 2018? From the lab to the field, biology is one of the most interesting and diverse degrees available. Although you could argue that statistics is a branch of mathematics (which we include separately), this degree is unique in how they train and what they do. College graduates with a degree in human resources often start as an HR specialist, and with experience, they will move to an HR manager. Even the bottom 10% earns around $50,350. Emily Wilson - October 3, 2018. The underemployment rate of 60.6% is the highest on this top ten list and one of the highest underemployment rates of all majors listed by the New York Fed. Graduates with these types of degrees are hired in a wide variety of businesses, from media and journalism to human resource departments. Facebook. Photo Credit: Alamy Stock Photo . Telephone operators are declining by 42%, and mail sorters are declining by 34%. Just looking at the list of highest-growing jobs according to the BLS and you can see there is a large demand for anyone with education and experience in healthcare. Highest employment rates: Computer science and information technology. The period under consideration is from 1988 to 2017. GetEducated.com is a consumer group that publishes online college rankings and online university ratings along the dimensions that matter most to online students themselves: affordability and credibility. According to the latest numbers from the Bureau of Labor Statistics, someone with only a high school diploma will average roughly $718 a week, while an individual with “some college” will earn and average of $799. Unemployment. Choosing a field of … Top 10 majors with the highest employment rates in 2017 chinadaily.com.cn | Updated: 2018-07-16 06:47 No 7 Engineering management. To get a grasp of the job outlook for 2018, let’s take a deeper look at some of the areas where you can expect to see growth. No surprises here. The computer major covers the software engineering major. According to the BLS, computer and information systems managers have both great pay and expected demand in the future. This includes conservation scientist ($60,610), microbiologist ($66,850) and zoologist ($60,520). (Shocked?) For example, an actuary, who assesses financial risk, averages a salary of $100,610. Overall, this is a massive and rapid decline in employment opportunities for people with these skill sets. While advancement in the career will often require a master’s or even a doctorate, biological technicians can generally get started with a bachelor’s degree. While the majority of college majors have unemployment rates of 3% or lower, there are others with jobless numbers closer to 9%. If you have a driving compassion to help people, are outgoing, a good communicator, and know how to think fast on your feet, consider a career in the public sector. Marketing majors focus on more than just commercials, as they may be involved in pricing and sales operations. However, the median annual earnings of these 25- to 29-year-olds, in constant 2018 dollars, were not measurably different between these two years. 0 Share; With approximately 70% of American high school graduates enrolling in colleges and universities each year, a college degree has become an essential stepping stone to landing a great first job. You can find many different careers with this degree, including web application development, IT management, and software developer. 10 College Majors With the Best Starting Salaries Median starting salaries for these majors range from $62,350 to $69,300, College Scorecard data shows. Projected growth, as shown in the below graph, is a great snapshot of the best majors for 2018. The truth of the reason why Tianyou was banned, Does the cochlear implant need craniotomy after loss? Maybe you like to solve mathematical equations, are mechanically inclined, like to design and build, and aren’t bothered about sitting behind a desk all day long. Do I Need to Choose a Speciality Business Major to Get a Job? Despite that, there are a few occupations that will increase, especially careers that combine data, information, and business efficiency. Why is MC Tianyou banned from broadcasting? Nurses have the full package of a steady industry, good pay, and rewarding work. You may also take basic business classes like accounting, IT, or statistics. They not only need a strong mind for numbers, they need to communicate the complex figures into relatable terms. The bottom 10% of this career earns an average of $46,500 a year, with an average income of $80,500. A degree in human resources will cover labor relations, employment law, training and development, and more. For example, business operations specialist could add over 27,000 jobs between 2014 and 2024, while market analysts and specialists could add 92,300 jobs. 4hw.com.cn: when the college entrance examination is over, candidates will consider which major has a high employment rate when filling in their application, so as to get a good job in the future. Home Majors Majors With The Highest Unemployment Rate 2018. Assuming a 52-week work year, this brings the average earnings to: But as we all know, no two degrees are alike. Here’s a few examples of job growth between 2014 and 2024: You probably could have guessed that in 2018, computers, software, and information technology would have an impact on the job markets. For the most part, you’ll discover that jobs tied to declining and outdated industries are on the downturn. Although an English degree can have a bad reputation as a go-nowhere piece of paper, the education you get will set you up for many opportunities, not just teaching English. College majors with the highest & lowest unemployment rates. July 8, 2018 Posted by Allison Berry. The pay and job potential will depend greatly on what industry you enter. Statisticians not only crunch numbers, they also collect data and analyze results to solve actual problems. While these majors may not be the highest paid, they are consistently in demand in the modern business world for recent college graduates. A physics degree can be applied to many different industries, including research science, space and astronomy, healthcare, and engineering. This person deals with supply chains and the management of a product’s lifecycle, from manufacturing to final delivery. The expected job growth for computer occupations should grow by 12% over the next 10 years, and the chance for career advancement is high, as computer science majors can move into software and IT management or leadership roles. If this describes you, then you might want to explore the best college majors in the fields of science, technology, engineering, and math, beginning with the highest paying. Is Xiaolin liquid band aid really waterproof? Again, the percentage increase is not stunning, but the massive volume of jobs to be added leaves plenty of opportunity for someone who knows how to sell. The growth will be driven by many factors, including an emphasis on preventative care and growing chronic conditions due to obesity and sedentary life. Business and operation specialists, however, should see a 7% growth. Although there is a seemingly-endless amount of possibilities for this career, there won’t be a large growth in the demand for these degrees. I looked at the 100 most popular college majors and pulled out the 25 majors with the lowest unemployment. Impressive. Click here to see the college majors with … The demand for registered nurses is expected to grow 16%, with over 439,000 jobs added to the market. Library Science; Metallurgical Engineering; Nuclear Engineering; Industrial Production Technologies; General Social Sciences; Geological And Geophysical Engineering; Interdisciplinary Social Sciences; Other Foreign Languages; Cosmetology Services And Culinary Arts; Studio Arts So which majors actually have the highest unemployment rate? This career has an average salary of $131,180, although the expected growth is only 9%. After you’ve chosen a major, view our college rankings to find the most affordable online degrees in each category. Common positions for people with a finance degree are a financial analyst or personal financial advisor, and such jobs generally require a bachelor’s degree and offer an annual salary of over $81,760. Some have the potential for better pay, some have more available opportunities, and some offer fulfilling or unique opportunities.Choosing the right degree is a deeply-personal decision, but there are some things everyone should consider before stepping into the classroom.Some degrees, quite frankly, are better than others. The satisfaction that one finds from pursuing an interesting major that is deeply thought-provoking, well structured, and above-all, one that you like is invaluable. If you want to know more about computers than where to find the “shift” key, then a degree in Information Technologies may be perfect for you. Three years later, in 2017, overall employment for Medicine graduates had dropped slightly to fourth place after Rehabilitation with 97.9 per cent, Pharmacy at 97.5 per cent and Nursing at 96.2 per cent. Even the lowest 10% earns around $55,150, while the average economist makes over $101,050 a year. Computer science degrees combine scientific, practical, and theoretical applications related to computers. Economists are some of the best-paid professionals in the market. A bachelor’s degree alone will bring the average income to $1,189, while an “advanced degree,” such as a master’s or doctorate, will increase the average income to $1,451 on a weekly basis. So which majors really pay the highest? A degree in mathematics can take you down many different paths, including common careers like math teacher or unique titles like “Operations Research Analysis Manager.” The demand for math experts exists in nearly every industry. The first country on the list for the highest employment rates in the world is Norway. Even better, the demand for statisticians is expected to grow 34%! Like mathematics, there are many different sub-branches of engineering, including civil, mechanical, electrical, engineering technologies. These professionals earn an average of $74,170 a year, but their expected job growth is only 2%. To determine the college majors with the highest and lowest unemployment rates, 24/7 Wall St. reviewed data on employment status and undergraduate major from … Personal care aides alone will add about 458,000 jobs between 2014 and 2024, and even administrative and support roles involved with healthcare will be growing. From pre-school to higher education, teachers help people young and old learn, grow, and enhance their lives. One of common careers for systems engineering majors is a logistician. People with English degrees go on to be editors, content writers, and communications managers. Pharmacology, Military Technology, Teacher Education, and Transportation Engineers are some of the many degrees that have high employment rates. This makes business degrees among the best college majors. To determine which majors have the lowest unemployment rates for recent graduates, StudySoup’s research team looked at data provided by the U.S. Census Bureau’s American Community Surveyand published by the Federal Reserve Bank of New York. With increased hiring activity in recent months, unemployment is at historic lows. 99% of all medicine and dentistry graduates land a job or further study within 6 months of leaving. Perhaps unsurprisingly, mass media came in dead last with an unemployment rate of 7.8%, with liberal arts and philosophy not faring much better. However, there are some clear trends that may help you choose the best college major for your future. Postal service mail carriers are also on the drop, loosing an estimated 78,000 jobs. One of the largest sectors for top careers in demand over the next few years will be healthcare. Maybe one is on your list right now…. Remember that choosing a degree is more than just picking a top paying major or in demand career. WhatsApp. Underemployment rate of U.S. college graduates by major 2020 Canada - unemployment rate of college graduates 2000-2010 Unemployment rate among college graduates in China by degree course 2010 At $30,000, anthropology also has one of the lowest early-career median wages. The average elementary teacher earns $55,490, while the lowest 10% averages around $34,050. Twitter. They analyzed unemployment rates, underemployment rates, and the median wages for college graduates aged 22-27. The BLS reports that mathematical and science occupations should grow by 28%, so math majors can expect a vibrant career after college. The only drawback of engineering is the expected decline in demand. How much is the only seven-star hotel in Dubai for one night? Do Employers Respect Online Degrees? To create this list, we tried to stick to two simple factors: potential earnings (aka the highest paying majors) and expected job growth. Every month, employment data in the U.S. is meticulously calculated and reported. This can include programs like biology technician, nuclear power, chemical technology, and physical science. A degree in finance incorporates accounting, economics, statistics, and more. HR specialists earn an average of $59,180 per year, but the job outlook is only expected to grow by 5%. Many physicists are employed by the government (usually NASA and research universities) but they are found in the private sector as well. Drama and theater arts. Majors ; Majors With The Highest Unemployment Rate 2018. By. While the demand for engineers may not be as high as mathematics, they are needed in a wide range of industries and command a strong salary. There are some licensing requirements, usually through the Financial Industry Regulatory Authority. It's a model, Who are the seven comedy talents in the world, How to eat fitness diet tips keep these 6 points in mind. Some may say that a major and its benefit cannot be measured by the percentage of its degree holders who find a good job after graduation. The field is expected to grow by 15%, over double the regular job market, while the lowest 10% of these professionals will earn $78,470. What is suitable for diabetes? There are numerous routes you can take with a degree in biology, and many of them have average salaries over $55,000. While an advanced career in stats will often require a master’s degree, entry-level statisticians stand to earn a comfortable income right out of college. Accountants and auditors earn roughly $68,150 a year, while the lowest 10% earns roughly $42,000. Best College Majors for Highest Paying Jobs: 2018 Edition, Master of Science in Technology & Innovation Management / Information Systems, Bachelor of Science in Business Management, Master of Science in Management & Organizational Behavior, Bachelor of Science in Business Administration / Human Resource Management, Master of Professional Studies / Human Resource Management, Master of Science in Engineering Management, Master of Science in Industrial Engineering, Graduate Certificate in Applied Statistics, Graduate Certificate in Systems Engineering, Master of Science in Information Technology. With the improvement of people's living standards, people have higher and higher requirements for the quality, variety, quantity, medical technology and medical conditions of drugs. Let's introduce them to you. What’s a top careers in demand in one area may be disappearing in another, and the highest paying college majors in one state may be lower on the pay scale in the next. Having a high-paying job doesn’t necessarily mean you’ll have job stability, and vice versa. Majors With the Highest Unemployment Rates The following majors are the ones that might make it most difficult for you to find a job after graduation, especially in your field. This type of education combines the principles of science with technical skills to support the research and development of many areas of learning. Related Resources While retail salespersons will only see a 6.8% growth, which is pretty much the same as the national average, the field will add roughly 314,000 jobs. Let's introduce them to you. More and more people have college degrees, and companies often prefer hiring individuals who have completed four or more years of higher education. Clinical psychology 19.5% 2. What’s a top careers in demand in one area may be disappearing in another, and the highest paying college majors in one state may be lower on the pay scale in the next. However, the market for people advancing into a master’s degree will have strong opportunities in economics. Which majors have the highest employment rate in 2018? The average salary is over $127,000, and the top earners can expect a salary over $180,000. These professionals have an average pay of $82,860. Employment Outcomes of Bachelor’s Degree Holders The average unemployment rate for 25- to 29-year old bachelor’s degree holders was lower in 2018 than in 2010 (2.9 vs. 5.6 percent). This career requires an education in nursing, either a bachelor’s degree or an associate’s degree. Anyone interested in the way things are made and sold, and how different industries interact with each other, will enjoy studying for a degree in economics. There are many different types of branches and specializations for mathematics majors, including applied mathematics, theoretical mathematics, actuarial sciences, and accounting. It might sound like this degree belongs with typical engineering, but a systems engineering education focuses on creating and managing complex processes and services, as opposed to designing physical structures. The BLS says that employment in the media and communication sector will only grow by 4%, but certain positions, like editors ($57,210) and public relation specialists ($58,020) do command strong average salaries. Projected growth, as shown in the below graph, is a great snapshot of the best majors for 2018. Should I Earn a Second Bachelor’s or a Graduate Certificate? According to industry data, these college majors have the highest unemployment rates – and college students training for a career in these majors have a right to know if a good job will be available when they leave campus. Kindergarten, elementary school, special education, and high school teachers are all expected to maintain a growth of 6% over the next ten years. 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