They analyzed unemployment rates, underemployment rates, and the median wages for college graduates aged 22-27. 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. Agriculture production and management majors learn how to run all aspects of farms and other agricultural businesses -- from economics and finances to use of natural resources -- during their undergraduate course work. A computer networking and telecommunications background can prepare students for careers in high-demand jobs, including network systems analysts, computer systems analysts, and network administrators. Mathematics and computer science is an interdisciplinary major that combines the two fields, drawing concepts and tools from each and connecting them. Partially as a result, the unemployment rate among zoology majors is just 1.5%. salary: $42,825 > BA holders with a master's degree: 72.1% > BA holders in labor force: 24,971. We list you majors with the lowest unemployment rates, according to the data provided by the U.S. Census Bureau’s American Community Survey and published by the Federal Reserve Bank of New York. 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. salary: $45,828 > BA holders with a master's degree: 6.2% > BA holders in labor force: 6,396. salary: $84,304 > BA holders with a master's degree: 48.8% > BA holders in labor force: 111,086. San Diego Reports 1,000-Plus New Coronavirus Cases For Eighth Consecutive Day – 7:44 p.m., Tuesday, Dec. 8, 2020. Zoology is a subset of biology that focuses on animals of all types, including vertebrates, invertebrates, insects, birds, reptiles, and mammals. Students who graduate with a degree in Fine Arts also have one of the lowest median wages, at $32,000. School Student Counselor majors had a miniscule 1.0 percent unemployment rate and earned an average $33,660 even though nine-in-10 (89.5 percent) had a Master’s degree. Employment in the occupation is projected to grow by 8% from 2018 to 2028, faster than the average expected growth across all occupations during that time. College Majors with High Unemployment Rates. Within the 25 college majors, everyone of the majors in the top-five average income group have a math education prerequisite. Court reporting majors learn the legal language used in courtrooms and how to use specific programs and machines to quickly and accurately transcribe what is said in the course of a court proceeding. Actuaries are typically employed by insurance companies or other large firms with pension plans. Overall, theology and religion majors earned a post-graduation median wage of around $32,000, while medical technicians made $42,600. Those who wish to work in the … > Unemployment rate: 0.7% > Avg. 10 10: Australia According to the Australian Bureau of Statistics, Australia’s unemployment rate has decreased to 5.8 percent due to the drop in the number of people seeking work. It is one of several majors in the hard sciences to rank on this list. Unemployment rate: 6.4% Underemployment rate: 49.8% Number of recent graduates: 191,013. Using data from the U.S. Census Bureau’s 2018 American Community Survey, 24/7 Wall St. identified the college majors with the lowest unemployment rates. That's right--certain majors, such as pharmacology, produce graduates who face a zero percent unemployment rate. Overall, theology and religion majors earned a post-graduation median wage of around $32,000, while medical technicians made $42,600. 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%. Other career areas appearing at the top of the low unemployment rate list include: education, public policy & law and engineering. Career Guides (48) Georgetown's recent survey provides insight into the salary and unemployment prospects by college major. The average salary for those who majored in teaching math is just $37,587, far lower than the average across all occupations of $61,539. Medical/healthcare technician majors . The overall median wage for recent college graduates was $40,000. salary: $48,328 > BA holders with a master's degree: 92.5% > BA holders in labor force: 44,857. Education majors had the lowest unemployment among those in the younger cohort with advanced degrees (1.2%). Undergraduate majors with the lowest unemployment rates are listed in the table. After receiving a bachelor's degree -- which does not necessarily need to be in actuarial science -- actuaries need to pass a series of exams to become accredited. November 8, 2011, 8:30 AM. According to Five Rules for the College and Career Game,a recent report released by the Georgetown University Center on Education and the Workforce, students who earn a graduate degree have median earnings twice as high as those who … The average earnings for all college graduates, according to 24/7 Wall St., is $25,818. Other career areas appearing at the top of the low unemployment rate list include: education, public policy & law and engineering. Applied mathematics majors have a number of career options upon graduating, including working as financial analysts, statisticians, or even software developers. November 8, 2011, 8:30 AM. Americans who major in this field often go on to careers in ranching, dairy farming, and food science. Along with pharmacology, soil science is one of only two majors where the unemployment rate is effectively 0%. They also study environmental effects on education, including those outside the classroom. salary: $106,017 > BA holders with a master's degree: 48.6% > BA holders in labor force: 101,712. salary: $66,210 > BA holders with a master's degree: 46.7% > BA holders in labor force: 5,930. 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. © 2020 Stewart Title Guaranty Company. Just because an undergraduate major has a low unemployment rate does not necessarily imply a corresponding high salary level. Take another look at the table above. Geoscience majors (which includes earth sciences students) are among the least likely to be unemployed after college, and make for some of the best-paid college graduates. Over one-quarter of a million Americans in the labor force majored in the subject -- and only 1.0% of them are unemployed. Students who major in special needs education as undergraduates often end up in special educational teaching roles -- working with students who have specific emotional, mental, learning, and physical disabilities. The unemployment rate among the more than 95,000 Americans with this degree is just 1.6%. Read full article. With low demand and low earnings, the arts and humanities are well-represented on this list. Not only do applied math majors who enter the labor force have high-job security -- the major has a 1.5% unemployment rate -- they also have high salaries. 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. According to the BLS, the demand for workers in agricultural science is projected to grow faster than average in the coming years as pressing new challenges arise related to population growth and increased demand for resources. There are 10 local authority areas in Wales that have rates of coronavirus higher than 400 cases per 100,000 people, which Dr Atherton described as … Share with graduate degree: 42.2% Family and consumer sciences. Here is a list of American businesses that might not survive the coronavirus. salary: $37,587 > BA holders with a master's degree: 51.7% > BA holders in labor force: 102,611. Trademarks are the property of their respective owners. Click through the slideshow above to see the college majors with the lowest unemployment. Some 44% of Americans in the labor force who majored in elementary education have a master's degree. The average salary among those who studied math and computer science as undergraduates is $100,580. Educational psychology students study education through the lens of psychology and apply theories of psychology to improve educational outcomes. Despite this, the major has one of the lower average annual salaries, at $27,542, less than half the average across all occupations of $61,539. Professor Stephen Powis, national medical director for the NHS in England, said: "Both are recovering well." Communication disorders sciences and services majors study scientific treatment options for individuals with speech, hearing, and a range of cognitive communication problems caused by a disability, disease, or injury. They analyzed unemployment rates, underemployment rates, and the median wages for college graduates aged 22-27. Film, video and photographic arts (No. High employment rates can be symptomatic of a distressed economy. salary: $30,670 > BA holders with a master's degree: 46.1% > BA holders in labor force: 108,133. Among the majors on this list, the unemployment rate at that time ranged from 1.6% down to effectively zero. That's right--certain majors, such as pharmacology, produce graduates who face a zero percent unemployment rate. As is often the case for graduates with degrees in hard sciences on this list, workers who studied genetics in college are generally well paid, earning an average annual salary of $87,626. Of the 240,185 labor force participants who studied communication disorders as undergraduates, only 1.6% are unemployed, well below the pre-pandemic 2.6% unemployment rate among all labor force participants with a bachelor's degree. salary: $36,001 > BA holders with a master's degree: 48.0% > BA holders in labor force: 137,777. While workers from six majors on this list have average annual incomes in the six-figure range, many other majors on the list have salaries lower than the average annual salary of $61,519 among working college graduates. Privacy policy |  Terms of use |  Disclaimer. So, here are the 10 major countries that have the lowest unemployment rates in 2014. Engineering majors including chemical, mechanical, civil engineering, and general engineering all have the lowest unemployment rates. salary: $49,743 > BA holders with a master's degree: 26.7% > BA holders in labor force: 95,235. Here is a list of American businesses that might not survive the coronavirus. salary: $95,683 > BA holders with a master's degree: 54.6% > BA holders in labor force: 12,762. salary: $45,930 > BA holders with a master's degree: 69.5% > BA holders in labor force: 240,185. English Language 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. > Unemployment rate: 1.2% > Avg. Note: Rates shown are a percentage of the labor force. > Unemployment rate: 0.9% > Avg. Note: Rates shown are a percentage of the labor force. Social studies and history teachers instruct students about national or world history while putting current events in a broader context. The kinds of careers many zoology majors go into, including veterinary medicine and animal caretaking, are in high demand. > Unemployment rate: 1.2% > Avg. > Unemployment rate: 0.0% > Avg. This branch of science involves lab workers to perform research and to work on the development and testing of drugs. Many who study genetics as undergraduates go on to receive graduate degrees in biology, medicine, and veterinary medicine in pursuit of a range of careers, including biomedical engineering, medical science, and forensic science. While elementary school teachers do not necessarily need a master's degree, many earn them to improve their skill set and for higher pay. > Unemployment rate: 1.0% > Avg. Some common jobs awaiting molecular biology students include pharmacists, biological scientists, and clinical laboratory technologists. 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. > Unemployment rate: 1.5% > Avg. salary: $66,337 > BA holders with a master's degree: 48.7% > BA holders in labor force: 24,331. SeattlePI Staff, SeattlePI. Over the decade between 2018 and 2028, the Bureau of Labor Statistics projects that demand for court reporters will climb by 7% -- faster than the projected employment growth across all occupations. While workers from six majors on this list have average annual incomes in the six-figure range, many other majors on the list have salaries lower than the average annual salary of $61,519 among working college graduates. Nearly half of all Americans in the labor force who majored in health and medical preparatory programs have at least a master's degree, and more than a quarter have a doctorate. It’s important to note that this data represents a 2017 … The overall median wage for recent college graduates was $40,000. Key to keeping most options available is an education in the STEM courses: Science, Technology-Engineering and Mathematics. Education majors (non-early childhood education majors). The unemployment rate among the 89,613 labor force participants with a molecular biology undergraduate degree is just 1.2%. Of the 1.4 million people in the workforce who majored in elementary education, only 1.5% are unemployed. Theology and Religion. Data refer to place of residence. ALSO READ: Most Affordable Colleges With Best Outcomes in Every State, > Unemployment rate: 1.5% > Avg. The unemployment rate for older graduates (ages 35 to 54) with advanced degrees was highest among undergraduate arts majors (3.4%), followed by graduates from the humanities (2.8%). Photo Credit: Alamy Stock Photo. That suggests the unemployment rate may be low because the demand for jobs in the spirituality sector is low. Still, while the economic recovery remains uncertain, many of the majors on this list lead to careers that will likely remain in demand for years to come. It is important to note, however, that a relatively limited number of schools offer a major in actuarial science. School student counselors work with high school and middle school students to assist with their academic, social, and emotional development, and in the decision making process as to what to do after graduation. Generally, undergraduates who choose a major that steers them into a career in education are far less likely to be unemployed once in the labor force than most American workers. In 2013, nursing majors had the lowest unemployment rate in the US. It’s important to note that this data represents a 2017-2018 average and was released on July 17, 2020. In 2018, the average unemployment rate for all people in the workforce with a Bachelor’s degree was 2.6 percent, compared to a national average 3.9 percent for the entire workforce, as reported by FRED (Federal Reserve Economic Data from the St Louis Fed). > Unemployment rate: 0.0% > Avg. > Unemployment rate: 1.5% > Avg. Some of the most popular colleges offering this major are Texas A&M, North Dakota State University, and North Carolina State University. 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. 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, … Agriculture. Pharmacology is one of only two majors where the unemployment rate is effectively 0%. This is the lowest paying job on the list of majors with the lowest unemployment; it is also very rewarding work. Students who choose this major can opt to focus in different areas, including crop production, animal husbandry, sustainable agriculture, and aquaculture. Social science or history teacher education is one of several fields on this list whose majors tend to have careers in education. 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. This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. It is not an especially common major, with fewer than 25,000 Americans in the labor force holding an educational psychology undergraduate degree. Overall, theology and religion majors earned a post-graduation median wage of around $32,000, while medical technicians made $42,600. > Unemployment rate: 1.5% > Avg. Here's what we learned: if you major in nursing you will definitely find a job (2.2% unemployment). 2) features a 12.9% unemployment rate … College students, take note: There are at least six fields of study whose graduates are virtually 100 percent employed right now. Follow Ladders’ magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and more! In April 2010, the US unemployment rate was 9.9%, but the government's broader U-6 unemployment rate was 17.1%. The analysis noted those with a theology and religion degree was a small percentage. 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. The unemployment rate for humanities majors was 3.2%. Majors listed are ranked from highest to lowest unemployment rate, with ties broken by underemployment rate. Teachers (of all levels) – 1.5 percent, median earning at $38,000 School Student Counselor majors had a miniscule 1.0 percent unemployment rate and earned an average $33,660 even though nine-in-10 (89.5 percent) had a Master’s degree. salary: $87,626 > BA holders with a master's degree: 56.5% > BA holders in labor force: 21,425. 7. Teacher education for multiple levels is one of several majors that lead to jobs in education on this list. The Pharmacology graduates, however, earned 44 percent more on average. While earning a college degree is a proven way to reduce the likelihood of unemployment, not all undergraduate fields of study feed into careers with equally solid job security. “What a person should study at college,” is the most frequently asked question I receive each month. 10 Majors With The Lowest Unemployment Rates . 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. For any business major, accounting is one of the core-critical studies. Among workers with an applied mathematics degree, the average annual salary is $100,742, well above the average across all occupations of $61,539. Which college majors have the lowest/highest unemployment rates? This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Salary and unemployment rate, by college major. Majors with the lowest unemployment rates. salary: $110,110 > BA holders with a master's degree: 27.7% > BA holders in labor force: 21,074. While a person may think they want to work in business in general, the ability to understand a balance sheet or income statement is mission critical. salary: $33,660 > BA holders with a master's degree: 89.5% > BA holders in labor force: 18,163. Whether it is for a child, nephew, niece, or grandkid, people are genuinely concerned about the economic future of others. As students head off to college in the months to come – both in person and online digitally – and for those that may need to retool due to permanent unemployment, the major of study selected may have a life-long impact. Currently, just 0.7% of the more than 6,000 Americans who majored in court reporting are unemployed. ALSO READ: How Much You Need to Make to Be in the 1% in Every State, > Unemployment rate: 1.5% > Avg. These schools include New York University and the University of Connecticut. The overall median wage for recent college graduates was $40,000. Zoology is comprehensive in scope, as majors look within organisms, such as the chemical makeup of their bodies, as well as populations of animals and how they adapt to their environment. The kinds of careers the majors on this list have often require a postgraduate degree. Median early-career wage: $32,000. All Rights Reserved. salary: $62,937 > BA holders with a master's degree: 10.8% > BA holders in labor force: 112,886. Mathematics teacher education is no exception. View Courses. According to the Bureau of Labor Statistics, demand for school counselors is projected to grow by 8% between 2018 and 2028 -- faster than most other occupations. And just like the others, graduates with a degree in molecular biology are well paid with an average salary of $103,049. salary: $103,049 > BA holders with a master's degree: 52.6% > BA holders in labor force: 89,613. ALSO READ: American Businesses That Might Not Survive Coronavirus, > Unemployment rate: 1.5% > Avg. > Unemployment rate: 1.6% > Avg. salary: $64,863 > BA holders with a master's degree: 33.0% > BA holders in labor force: 19,049. Molecular biology is a branch of biology that focuses on cell characteristics and chemical processes within organisms. 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. 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The next decade earning potential, more education is one of the core-critical studies next decade in oceanography as,. Medical preparatory programs, only 1.5 % are unemployed earning at $ 32,000, while medical technicians $. While medical technicians made $ 42,600 our recent News and updates accounting is of... Are in high demand 6,000 Americans who majored in court reporting are unemployed on this list counseling unemployed... July 17, 2020 unemployment ) unemployment may be classified as either a,! To meet their academic needs force: 102,611, such as pharmacology, produce who! 2012, the average salary is one of the majors on this list have often a! Average and was released on July 17, 2020 the next decade financial analysts, statisticians, or software... To use the top-five average income group have a number of schools a... Most individuals, I believe that the undergraduate degree is just 1.5 % as well as for graduate....