The major is more versatile than many of the others in education on this list as it prepares the undergraduates to teach multiple age groups -- from elementary school to middle and high school. College students, take note: There are at least six fields of study whose graduates are virtually 100 percent employed right now. As certain private businesses are increasingly dependent on understanding weather, for making deliveries or buying and selling renewable energy, demand for atmospheric scientists is expected to remain strong. > Unemployment rate: 1.5% > Avg. Many jobs in medicine and health care require additional education beyond undergraduate. Medical/healthcare technician majors . However, in most of the country, student counselors are required to have a master's degree, and not surprisingly, about nine in every 10 Americans who majored in student counseling as undergraduates continue to complete a graduate degree. All Rights Reserved. Since late January, when the Centers for Disease Control and Prevention reported the first known case of COVID-19 in the U.S., pollsters have been busy fielding surveys to measure just how concerned Americans are and what they think about the government’s response to the outbreak. Those who wish to work in the … English Language Some academic majors, however, have much higher unemployment rates. Film, video and photographic arts (No. salary: $37,587 > BA holders with a master's degree: 51.7% > BA holders in labor force: 102,611. Unemployment: 1.0%. June 26, 2020 9:37 am. Unemployment Rate: 2.8% Underemployment Rate: 44.6% Here is a list of the college majors that pay off the most. Across all labor force participants with a bachelor’s degree, the annual unemployment rate stood at 2.6% in 2018. Here's what we learned: if you major in nursing you will definitely find a job (2.2% unemployment). (1) Area boundaries do not reflect official OMB definitions. The 10 college majors with the lowest unemployment rates. November 8, 2011, 8:30 AM. While educators are considered an essential class of worker in the United States, many of the lowest-paying majors on this list are in the field of education, with several having average annual salaries below $40,000 a year. salary: $64,863 > BA holders with a master's degree: 33.0% > BA holders in labor force: 19,049. “What a person should study at college,” is the most frequently asked question I receive each month. 10. It’s important to note that this data represents a 2017-2018 average and was released on July 17, 2020. salary: $70,477 > BA holders with a master's degree: 18.2% > BA holders in labor force: 71,208. The average earnings for all college graduates, according to 24/7 Wall St., is $25,818. In a 2012 story, the Financial Post reported, "Nearly 75 million youth are unemployed around the world, an increase of more than 4 million since 2007. > Unemployment rate: 1.0% > Avg. Soil science majors study soil, typically in the context of agriculture, learning the chemical properties of soil, which soils are best suited for specific crops, how to control weeds, as well as conservation and soil management. These schools include New York University and the University of Connecticut. Unemployment soared from a multi-decade low to a high not seen since the Great Depression in just a matter of months, affecting Americans of all education levels. Which college majors have the lowest/highest unemployment rates? salary: $57,057 > BA holders with a master's degree: 27.3% > BA holders in labor force: 162,319. 39 Gifts That Are Selling Like Hotcakes During The Holidays, Top credit card wipes out interest until 2022 (seriously), This Is the Present Everyone's Talking About, Americans with a bachelor’s degree are nearly half as likely to be unemployed than those with only a high school diploma, according to, January 2020 data from the Bureau of Labor Statistics. Trademarks are the property of their respective owners. The overall median wage for recent college graduates was $40,000. > Unemployment rate: 0.7% > Avg. Those who choose this major have not only some of the most stable career prospects with an unemployment rate of just 0.7%, but also one of the most potentially lucrative careers. My advice to everyone asking what the major should be is to be certain to take all of the mathematics and sciences available in high school to keep options open and broad for future education in technical, vocational and academic-oriented studies. The higher job security among college graduates who chose the majors on this list does not necessarily mean these jobs will also come with high salaries. 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. Salary and unemployment rate, by college major. 7. © 2020 Stewart Title Guaranty Company. For those going into college interested in working as an actuary -- someone who measures business risk and uncertainty -- actuarial science is an appropriate field of study. The unemployment rate among labor force participants who majored in computer networking and telecommunications is just 1.5%. 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. salary: $100,580 > BA holders with a master's degree: 47.9% > BA holders in labor force: 17,529. That's not bad considering last month's joblessness rate for people with a college degree or higher was 4.4 percent. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, … Molecular biology is an option for undergraduates at many schools, as well as for graduate students. > Unemployment rate: 1.2% > Avg. — City News Service Here is a list of American businesses that might not survive the coronavirus. Oceanography majors study the ocean's chemical and physical properties and how the waters move and interact with the rest of the environment -- namely the atmosphere and land. > Unemployment rate: 1.2% > Avg. Mathematics teacher education is no exception. That's right--certain majors, such as pharmacology, produce graduates who face a zero percent unemployment rate. High employment rates can be symptomatic of a distressed economy. Like the other education-related majors, it is one of the lowest paying fields on this list, with an average salary less than half the average salary among all college graduates. As its name suggests, applied mathematics is the study of using math to solve real world problems as well as anticipating problems that have yet to arise. Among workers with an applied mathematics degree, the average annual salary is $100,742, well above the average across all occupations of $61,539. With a 0.7% unemployment rate among the 112,886 labor force participants who majored in the field, agriculture production and management offers an educational base for a stable career. > Unemployment rate: 0.5% > Avg. > Unemployment rate: 1.5% > Avg. > Unemployment rate: 1.0% > Avg. Share with graduate degree: 42.2% Students who choose this major study communications technology, primarily phones and computers, learning the latest advancements and what is likely coming in the near future. Americans who major in this field often go on to careers in ranching, dairy farming, and food science. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, … With low demand and low earnings, the arts and humanities are well-represented on this list. The unemployment rate is still higher than the national rate, however. View Courses. In recent times, with the abundant college majors, the United States has reported a reduction in unemployment rates across the country. One of many majors on this list in the education sector, educational administration and supervision majors have an unemployment rate of just 0.9% among them. salary: $87,626 > BA holders with a master's degree: 56.5% > BA holders in labor force: 21,425. Unemployment soared from a multi-decade low to a high not seen since the Great Depression in just a matter of months, affecting Americans of all education levels. Unemployment Rate: 1.9% Underemployment Rate: 57.3% Median Wage Early Career: … And just like the others, graduates with a degree in molecular biology are well paid with an average salary of $103,049. > Unemployment rate: 1.2% > Avg. > Unemployment rate: 1.2% > Avg. . Many of these jobs require a postgraduate degree, and over half of all pharmacology majors go on to earn a master's, and 37.8% earn a doctorate. In fact, unemployment percentages vary pretty widely from major to major. > Unemployment rate: 0.0% > Avg. Some 44% of Americans in the labor force who majored in elementary education have a master's degree. SeattlePI Staff, SeattlePI. Overall, theology and religion majors earned a post-graduation median wage of around $32,000, while medical technicians made $42,600. College students who choose to major in pharmacology study the chemical makeup of drugs, how they interact with the body and with each other, and their potential uses as treatments for certain diseases and conditions. In comparison, just one-half (52.6 percent) of Molecular Biology majors had an advanced degree, came in with a similar 1.2 percent unemployment rate, but earned 3.1 times that of those with a School Student Counselor … ALSO READ: American Businesses That Might Not Survive Coronavirus, > Unemployment rate: 1.5% > Avg. In comparison, just one-half (52.6 percent) of Molecular Biology majors had an advanced degree, came in with a similar 1.2 percent unemployment rate, but earned 3.1 times that of those with a School Student Counselor undergraduate degree. For example, career paths like engineering or education have lower unemployment rates than majors within the liberal arts. Undergraduate majors with the lowest unemployment rates are listed in the table. College students, take note: There are at least six fields of study whose graduates are virtually 100 percent employed right now. In addition to below average wages, the unemployment rate of 4.2 percent for foreign language majors is higher than the average unemployment rate for all bachelor-degree holders. In April 2010, the US unemployment rate was 9.9%, but the government's broader U-6 unemployment rate was 17.1%. Students who choose this major often end up working as advisers to crop farmers domestically and abroad, analyzing the mineral content of soil samples, or specializing in a specific crop type. Drama Education and language: 4.11% The unemployment rate among the more than 95,000 Americans with this degree is just 1.6%. Read full article. Occupations associated with pharmacology studies include pharmacist, biomedical scientist, toxicologist, and analytical chemist. 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