This is what you should know before applying for a college major. If you want to avoid unemployment, it does matter which major you choose. Here are the college majors with highest unemployment rates that you need to know.
Here is what you need to know about the college majors with the highest unemployment rates. (Photo: Shutterstock)
No worker wants to be out of work at any point in their career. But some people don’t think about the college majors with highest unemployment rates for the degree they want to get in the United States right now.
Keep in mind that some degrees may become more important while others may become less important. In this way, you can get an idea of how useful your degree will be by the time you finish it.
Even if it’s best for people to study something they’re really interested in, they will have to face the truth. Of all the things you like, it might be best to choose the ones that could lead to a better job. Being out of work can be very frustrating.
Let’s not forget either about your pay. Not making enough money is just as bad as not having a job, since you are working but still can’t pay your bills. People who choose to go to school seem to have a very low rate of unemployment.
It’s only 0.6%, but 16.7% of them are underemployed. The pay ranges from $40,000 to $56,000. It depends on college majors with highest unemployment rates and where you are at.
But what are the college majors with highest unemployment rates in the USA?
The Federal Reserve Bank of New York states that people who are interested in fine arts are the most likely to be unemployed, which is included in college majors with highest unemployment rate. They found this out by using the information from the American Community Survey from the Census Bureau that is available through IPUMS.
The rate of unemployment for people who work in the arts is a shocking 12.1%. This is considered as one of the college majors with highest unemployment rate with over 55%. Even if they are good at things like drawing, painting, fashion, web design, or interior design, it may be hard for them to find work.
Philosophy doesn’t seem to be the best way to get a job fast. Their unemployment rate, which is 9.1%, is also very high. About 57% of people are not making enough money to live on. For those in the middle of their careers, their pay could go up by as much as 68%, while those just starting out could get around $42,000.
Many of them choose to teach at universities, but they can also become technical writers, critics, or even lawyers, among many other things. Sociologists have an unemployment rate that is close to the national average. The number of people without jobs is 9%. The wages and underemployment rates are a lot like those in Philosophy.
What about the majors with the fourth and fifth most unemployed people?
When it comes to college majors with highest unemployment rates, family and consumer sciences seem to be in fourth place. 8.9% of people are out of work. It is still a big number, and it isn’t very far from the majors of the past.
Their rate of underemployment is also very high, at 47.9%. People often want to work as housing counsellors or as directors of community service.
People who work in mass media is also one of the college majors with highest unemployment rate. It’s close to 8.4%. Those in the middle of their careers may make as much as $75,000 a year on average. Those just starting out could make around $40,000. It’s related to a lot of jobs, from editing to acting.
People who are good at commercial art and graphic design may still find it hard to find work in their fields.
Nearly 8% of them are out of work. Even though 7.9% is still too high, there are jobs that pay close to this amount. Take the 7.8% of people who study foreign languages or the 7.6% of people who study performing arts.
Love what you do, no matter how high or low the unemployment rate is for the job you want. This is the best way to be happy and to get the most out of your career.
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