Unemployment rates by college major: hint, don't go for the humanities, art

Higher unemployment rates seem pretty correlated with what jobs pay the least. From the LA Times:

Non-technical degrees seem to be strong magnets for joblessness, according to Wednesday’s report. The out-of-work rate for new holders of arts degrees is 11.1%, while it’s 9.4% for humanities and liberal arts and 8.1% for law and public policy.

The outlook is better for those with education and health majors, who face the lowest unemployment rate out of the lot with 5.4%. Degrees in fields such as business, psychology and social work, engineering and even journalism equate to a jobless rate between 7.3% and 7.5%. . . .

Graduate degree-holders are best shielded – just 3% of those workers are unemployed. Among all job-hunters with new bachelor’s degrees, 8.9% are out of work, compared to 22.9% of those with a recent high school diploma and 31.5% of high school dropouts. . . .

From the report:



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