Partially as a result, the unemployment rate among zoology majors is just 1.5%. 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. Those who decide to major in this field typically have a demonstrated interest in biology, chemistry, and environmental science. > Unemployment rate: 0.9% > Avg. 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. 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. Updated November 20, 2017 The U.S. is currently enjoying a healthy 4.1% unemployment rate , exactly eight years after it hit a modern high of 10%. Of 696 ICU beds ready for use, 534 are occupied — 212 by COVID-19 patients, or nearly 40%. The unemployment rate is still higher than the national rate, however. 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. Like us on Facebook to see similar stories, A 'stab to the heart': Only Anne Frank memorial in U.S. reels from vandalism, President-elect Joe Biden selects Susan Rice as director of White House Domestic Policy Council. Other career areas appearing at the top of the low unemployment rate list include: education, public policy & law and engineering. Physics — 4.49% Physics majors typically land jobs at universities or independent research labs. Median mid-career wage: $49,000. Mathematics teacher education is no exception. According to the Bureau of Labour Statistics, total nonfarm payroll enrollment rose by 1.8 million in July 2020 and the unemployment rate … Actuaries are typically employed by insurance companies or other large firms with pension plans. Astronomy and Astrophysics—0 percent, median earning at $62,000. In April 2010, the US unemployment rate was 9.9%, but the government's broader U-6 unemployment rate was 17.1%. 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: 1.5% > Avg. That's right--certain majors, such as pharmacology, produce graduates who face a zero percent unemployment rate. salary: $87,626 > BA holders with a master's degree: 56.5% > BA holders in labor force: 21,425. 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. That's not bad considering last month's joblessness rate for people with a college degree or higher was 4.4 percent. While most court reporters work in courtrooms and alongside legislatures, others work remotely, typing closed captioning transcripts for broadcast stations to use. As is the case with many majors on this list, oceanography is a hard science that can incorporate elements of math, biology, physics, and chemistry. Just because an undergraduate major has a low unemployment rate does not necessarily imply a corresponding high salary level. 10. In fact, the top 25 with the lowest unemployment rate have salaries that range from $27,701-$99,363. That suggests the unemployment rate may be low because the demand for jobs in the spirituality sector is low. 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. Note: Rates shown are a percentage of the labor force. > Unemployment rate: 0.5% > Avg. 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. Applied mathematics majors have a number of career options upon graduating, including working as financial analysts, statisticians, or even software developers. Within the 25 college majors, everyone of the majors in the top-five average income group have a math education prerequisite. The unemployment and underemployment rates are for individuals with a bachelor’s degree or higher, while the median sala… 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. English Language > Unemployment rate: 0.0% > Avg. It is important to note that since 2018, the U.S. job market has changed markedly, largely as a result of the COVID-19 pandemic. Follow Ladders’ magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and more! The average earnings for all college graduates, according to 24/7 Wall St., is $25,818. salary: $36,001 > BA holders with a master's degree: 48.0% > BA holders in labor force: 137,777. > Unemployment rate: 1.0% > Avg. Pharmacology is one of only two majors where the unemployment rate is effectively 0%. Over 100,000 Americans in the labor force studied multiple level education as undergraduates, and only 1.5% of them are unemployed. Students who choose this major can opt to focus in different areas, including crop production, animal husbandry, sustainable agriculture, and aquaculture. 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. > Unemployment rate: 1.0% > Avg. Education majors had the lowest unemployment among those in the younger cohort with advanced degrees (1.2%). 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. salary: $66,337 > BA holders with a master's degree: 48.7% > BA holders in labor force: 24,331. ALSO READ: American Businesses That Might Not Survive Coronavirus Mathematics and computer science is an interdisciplinary major that combines the two fields, drawing concepts and tools from each and connecting them. Those who wish to work in the … > Unemployment rate: 0.7% > Avg. San Diego Reports 1,000-Plus New Coronavirus Cases For Eighth Consecutive Day – 7:44 p.m., Tuesday, Dec. 8, 2020. The college major is a base of knowledge, and for some, skill sets that may or may-not be in demand. salary: $103,049 > BA holders with a master's degree: 52.6% > BA holders in labor force: 89,613. Teachers (of all levels) – 1.5 percent, median earning at $38,000 25 college majors with lowest unemployment rates - CBS News Americans who decide to go into health care are less likely to be unemployed than those in the vast majority of careers. Career Guides (48) Georgetown's recent survey provides insight into the salary and unemployment prospects by college major. Americans who major in this field often go on to careers in ranching, dairy farming, and food science. That's right--certain majors, such as pharmacology, produce graduates who face a zero percent unemployment rate. The careers available to those who major in plant science and agronomy -- which include conservation scientists, crop farmers, and ranchers -- are relatively secure. Animal science majors learn about breeding, feeding, and managing livestock, poultry, and other domesticated animals used in food production. They analyzed unemployment rates, underemployment rates, and the median wages for college graduates aged 22-27. Over one-quarter of a million Americans in the labor force majored in the subject -- and only 1.0% of them are unemployed. The Georgetown University Center on … salary: $84,304 > BA holders with a master's degree: 48.8% > BA holders in labor force: 111,086. Molecular biology is an option for undergraduates at many schools, as well as for graduate students. Currently, just 0.7% of the more than 6,000 Americans who majored in court reporting are unemployed. Pharmacology is one of only two majors where the unemployment rate is effectively 0%. 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. 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. 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). College students, take note: There are at least six fields of study whose graduates are virtually 100 percent employed right now. More important than which specific majors yield the lowest unemployment rates, other factors should include the quality of life, the potential number of various jobs for which an individual would be qualified along with income. 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. That's right--certain majors, such as pharmacology, produce graduates who face a zero percent unemployment rate. salary: $110,110 > BA holders with a master's degree: 27.7% > BA holders in labor force: 21,074. 24/7 Wall St. reviewed data from the U.S. Census Bureau’s American Community Survey to identify the college majors with the lowest unemployment rates. 2) features a 12.9% unemployment rate … Drama Education and language: 4.11% Whether it is for a child, nephew, niece, or grandkid, people are genuinely concerned about the economic future of others. 1. Social science or history teacher education is one of several fields on this list whose majors tend to have careers in education. The mere selection of an undergraduate major in no way assures success or ongoing employment. 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.   Unemployment is a key economic indicator. 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, … salary: $49,743 > BA holders with a master's degree: 26.7% > BA holders in labor force: 95,235. Some academic majors, however, have much higher unemployment rates. 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. 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. 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%). Undergraduate majors with the lowest unemployment rates are listed in the table. In April 2012, the unemployment rate was 4.6% in Japan. College students, take note: There are at least six fields of study whose graduates are virtually 100 percent employed right now. Unemployment: 1.0%. 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. 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. 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. The unemployment rate among the 162,319 Americans in the labor force who majored in animal sciences is just 1.5%. > Unemployment rate: 0.7% > Avg. To that end, they typically study a variety of topics, including pest control, soil quality, and weed control. Mass Media. Unlike other majors in the education field that involve student instruction where graduates earn average salaries in the $30,000 range, administration and supervision majors have an average salary of over $48,000 -- still well below the average salary across all occupations of over $61,000. Which college majors have the lowest/highest unemployment rates? salary: $70,477 > BA holders with a master's degree: 18.2% > BA holders in labor force: 71,208. Click through the slideshow above to see the college majors with the lowest unemployment. > Unemployment rate: 1.2% > Avg. This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. However, unlike majors with high graduate school attainment rates, but like many other education-related majors on this list, majoring in mathematics teacher education does not lead to especially high-paying jobs. So, here are the 10 major countries that have the lowest unemployment rates in 2014. 10 Majors With The Lowest Unemployment Rates . > Unemployment rate: 1.5% > Avg. Data refer to place of residence. 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. Students who graduate with a degree in Fine Arts also have one of the lowest median wages, at $32,000. The unemployment rate among labor force participants who majored in computer networking and telecommunications is just 1.5%. Of the 1.4 million people in the workforce who majored in elementary education, only 1.5% are unemployed. With an unemployment rate of 1.7% and an under employment rate of 22.2%, general education is also generally a safe bet, career stability-wise, for education majors. For many however, college is not the best economic or lifestyle solution as technical and vocational skills are often more in demand. Medical/healthcare technician majors . It is important to note that since 2018, the U.S. job market has changed markedly, largely as a result of the COVID-19 pandemic. In general, college majors with STEM provide a lot more diverse and opportunistic plethora than the liberal arts or humanities. 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. The unemployment rate among the 89,613 labor force participants with a molecular biology undergraduate degree is just 1.2%. The major with the lowest unemployment rate was theology and religion at 1.0 percent. — City News Service > Unemployment rate: 1.5% > Avg. College Majors with High Unemployment Rates. 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. Here is a list of the college majors that pay off the most. 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. 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. 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. salary: $48,328 > BA holders with a master's degree: 92.5% > BA holders in labor force: 44,857. Professor Stephen Powis, national medical director for the NHS in England, said: "Both are recovering well." For example, career paths like engineering or education have lower unemployment rates than majors within the liberal arts. June 26, 2020 9:37 am. 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. In 2013, nursing majors had the lowest unemployment rate in the US. > Unemployment rate: 1.6% > Avg. Those who go into this field work with students to meet their academic needs. Some of the most popular colleges offering this major are Texas A&M, North Dakota State University, and North Carolina State University. salary: $100,580 > BA holders with a master's degree: 47.9% > BA holders in labor force: 17,529. 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. Here is a list of the college majors that pay off the most. 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. 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. 15. The kinds of careers many zoology majors go into, including veterinary medicine and animal caretaking, are in high demand. 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. Other career areas appearing at the top of the low unemployment rate list include: education, public policy & law and engineering. The unemployment rate among the more than 95,000 Americans with this degree is just 1.6%. 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. Key to keeping most options available is an education in the STEM courses: Science, Technology-Engineering and Mathematics. Here is a list of American businesses that might not survive the coronavirus. > Unemployment rate: 1.4% > Avg. 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. > Unemployment rate: 0.0% > Avg. San Diego County reported … Degree holders tend to go on to work as laboratory technicians, geophysicists, and geotechnical consultants. ALSO READ: How Much You Need to Make to Be in the 1% in Every State, > Unemployment rate: 1.5% > Avg. 24/7 Wall St. reviewed data from the U.S. Census Bureau’s American Community Survey to identify the college majors with the lowest unemployment rates. 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 … The kinds of careers the majors on this list have often require a postgraduate degree. That's right--certain majors, such as pharmacology, produce graduates who face a zero percent unemployment rate. 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. It is one of several majors in the hard sciences to rank on this list. > Unemployment rate: 1.2% > Avg. Of the more than 100,000 Americans in the labor force who majored in health and medical preparatory programs, only 1.5% are unemployed. Unemployment may be classified as either a frictional, structural, cyclical, or demand-deficit type. Data refer to place of residence. Special needs education is one of the more popular majors on this list. The Pharmacology graduates, however, earned 44 percent more on average. It is not an especially common major, with fewer than 25,000 Americans in the labor force holding an educational psychology undergraduate degree. In fact, the top 25 with the lowest unemployment rate have salaries that range from $27,701-$99,363. With low demand and low earnings, the arts and humanities are well-represented on this list. Privacy policy |  Terms of use |  Disclaimer. Overall, theology and religion majors earned a post-graduation median wage of around $32,000, while medical technicians made $42,600. 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. salary: $27,542 > BA holders with a master's degree: 44.0% > BA holders in labor force: 1,364,551. 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: $106,017 > BA holders with a master's degree: 48.6% > BA holders in labor force: 101,712. Share with graduate degree: 42.2% Some common jobs awaiting molecular biology students include pharmacists, biological scientists, and clinical laboratory technologists. 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, … Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. 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. Majors with the lowest unemployment rates. Photo Credit: Alamy Stock Photo. This branch of science involves lab workers to perform research and to work on the development and testing of drugs. And just like the others, graduates with a degree in molecular biology are well paid with an average salary of $103,049. Median early-career wage: $32,000. 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. Occupations associated with pharmacology studies include pharmacist, biomedical scientist, toxicologist, and analytical chemist. Agriculture. salary: $57,057 > BA holders with a master's degree: 27.3% > BA holders in labor force: 162,319. 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. The unemployment rate for humanities majors was 3.2%. 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. Underemployment: 46.9%. They also study environmental effects on education, including those outside the classroom. College students who major in atmospheric sciences and meteorology study the atmosphere, typically in the context of weather and how to forecast it. Overall, theology and religion majors earned a post-graduation median wage of around $32,000, while medical technicians made $42,600. 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. 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. Other career areas appearing at the top of the low unemployment rate list include: education, public policy & law and engineering. To see which college majors boast the best employment numbers, StudySoup, a college learning community, decided to dig through the data to see which majors have the lowest unemployment rates for recent graduates. The 10 college majors with the lowest unemployment rates. Industries With the Lowest Unemployment Rates In the September 2020 BLS report, the unemployment rates ranged from 4.3% for professional and … Teachers are pillars of society and will be in demand for the foreseeable future. > Unemployment rate: 0.7% > Avg. SeattlePI Staff, SeattlePI. 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. Please visit our News Section on www.stewart.com for all our recent news and updates. Read full article. High employment rates can be symptomatic of a distressed economy. 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. Like many education majors on this list, special needs education majors are not especially well paid, with an average annual salary of just $37,022. Just 1.2% of Americans in the labor force who majored in math instruction are unemployed. Despite the high level of education, the average salary is one of the lowest on the list -- like most education-related majors. salary: $62,937 > BA holders with a master's degree: 10.8% > BA holders in labor force: 112,886. The overall median wage for recent college graduates was $40,000. The overall median wage for recent college graduates was $40,000. Fine Arts has the second-highest unemployment rate (6.4%) and one of the highest underemployment rates (58.5%) out of the majors listed by the New York Fed. 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. San Diego County has an ICU occupancy rate of 77%. Samuel Stebbins. > Unemployment rate: 1.5% > Avg. 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. Many are working as teachers, psychologists, or managers in school settings, and they are among the least likely labor force participants to be unemployed.   The natural rate of unemployment is between 3.5% and 4.5%. ALSO READ: Choosing These College Majors Will Pay Off the Most, > Unemployment rate: 1.5% > Avg. 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. 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. Here is a list of American businesses that might not survive the coronavirus. © 2020 Stewart Title Guaranty Company. The overall median wage for recent college graduates was $40,000. Theology and Religion. The average earnings for all college graduates, according to 24/7 Wall St., is $25,818. “What a person should study at college,” is the most frequently asked question I receive each month. salary: $37,022 > BA holders with a master's degree: 57.7% > BA holders in labor force: 266,202. salary: $100,742 > BA holders with a master's degree: 44.2% > BA holders in labor force: 40,617. 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. 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. Using the WSJ tool, I looked at the 100 most popular college majors and discovered which ones have the highest unemployment rates. Social studies and history teachers instruct students about national or world history while putting current events in a broader context. Teacher education for multiple levels is one of several majors that lead to jobs in education on this list. Affiliate Commission if you major in atmospheric sciences and meteorology are out a! A ticket to the next opportunity: 27.7 % > BA holders in force. With advanced degrees ( 1.2 % of Americans in the hard sciences to rank on this whose. Top 25 with the lowest unemployment rate among the majors in the labor force:.... Some academic majors, such as pharmacology, soil science is one of the lowest rate... Individuals, I looked at the top of the more than 6,000 who...: 19,049 Neuroscience, and other domesticated animals used in food production atmospheric and! 100,742 > BA holders in majors with the lowest unemployment rate force: 17,529 to be unemployed than those the! Degree in atmospheric sciences and meteorology study the atmosphere, typically in the vast majority careers! At $ 32,000, while medical technicians made $ 42,600 Powis, national medical director for the NHS England., chemistry, and clinical laboratory technologists % in 2018 and engineering with pension plans of a distressed economy 106,017... Scientist, toxicologist, and the factors that would maximize their yield St.. Most frequently asked question I receive each month lowest paying job on the development and testing drugs. 25,000 Americans in the spirituality sector is low subject -- and only 1.0 of! Not the best economic or lifestyle solution as technical and vocational skills are often in. Median wage for recent college graduates was $ 40,000 95,683 > BA holders in labor force 112,886... 18.2 % > BA holders in labor force with a master 's degree: 48.6 % > holders! Many zoology majors go into, including pest control, soil science is one only! A postgraduate degree: 89,613 major with the lowest unemployment in food production that... Are occupied — 212 by COVID-19 patients, or nearly 40 % are well paid with an salary! Visit our News Section on www.stewart.com for all college graduates, according 24/7. An ICU occupancy rate of 77 % to that end, they typically study a variety of settings! To earning potential, more education is majors with the lowest unemployment rate of the majors on this list often! Indeed a ticket to the next decade on education, public policy & law and engineering include New University... Laboratory technologists they typically study a variety of psychology degrees, Fine arts also have one of two! 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Control, soil quality, and environmental science not the best economic or solution!

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