"The Federal Reserve Bank of New York analyzed 73 college majors, including miscellaneous groupings, using Census Bureau data from 2024 to examine unemployment for recent grads, defined as 22- to 27-year-olds with a bachelor's degree or higher. Several art-related majors had high unemployment rates, but anthropology ranked highest at nearly 8%. Unemployment for early childhood education majors was also among the highest, but a few educational fields had the lowest unemployment rates."
"Daniel Zhao, the chief economist at Glassdoor, told Business Insider that the majors with the highest rates are interesting because they don't fit into a single group. "You have some majors that have very restrictive job markets, like fine arts or performing arts, but then you also have other majors that have been very attractive and that offer high-paying jobs, like computer engineering or computer science," Zhao said."
The Federal Reserve Bank of New York analyzed 73 college majors using 2024 Census Bureau data to examine unemployment among recent graduates aged 22 to 27 with a bachelor's degree or higher. Several art-related majors had high unemployment rates, with anthropology highest at nearly 8%. Early childhood education also showed high unemployment, while some education fields had the lowest rates. High-unemployment majors do not form a single group: some face restrictive job markets (fine and performing arts) and others represent high-paying fields with current hiring weakness (computer engineering/computer science). Underemployment exceeds 50% for anthropology and fine arts but is under 20% for computer engineering and computer science. One economist recommended that job seekers prioritize networking and broaden their job searches.
Read at Business Insider
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