January 31, 2012

Unemployment Rates Vary by College Major, Report Finds


While the unemployment rate among college graduates is significantly lower than it is for those who lack a college degree, a new report finds different unemployment rates across majors. According to Georgetown University’s Center on Education and the Workforce, majors tied to stable or growing industries, such as education and health have lower unemployment rates (5.4% for both). Conversely, problems in the construction and home-building industries may explain why architecture majors, at 13.9%, had the highest unemployment rate in the study. Additionally, non-technical majors, such as arts (11.1%), humanities (9.4%) and social sciences (8.9%) also lagged relative to other fields.