A new study that stops working how graduates with various college degrees are faring in the current difficult job market has found that graduates with bachelor\’s degrees in the arts, humanities and architecture experienced significantly higher rates of joblessness, writes Peter Whoriskey in the Washington Post.
The study, \’Hard Times: College Majors, Unemployment and Earnings: Not All College Degrees Are made Equal\’, by Georgetown University\’s Focus on Education and also the Workforce has found that the highest rates of unemployment had undergraduate degrees in architecture? at 13.9?percent, the arts? at 11.1?percent and 9.4?percent for the humanities.
Interestingly, it was individuals with degrees in health, education, agriculture, business and engineering? who had the cheapest rates of unemployment.
\”People keep telling kids to review what they love – but some loves are worth more than others,\” said among the study\’s authors, Anthony P. Carnevale.
\”When people discuss college, there are all these high-minded ideas about this making people better citizens and participating fully within the life of their times. All that\’s true, but go talk to the unemployed about that.\”
This comes amid a growing debate within the?value of college?education being an economic investment, because the average quantity of debt students takes on has roughly doubled in tangible terms, leading to greater scrutiny of the financial returns of school, writes Daniel de Vise at the Washington Post.
The report demonstrated that, while the unemployment rate for recent college graduates in information systems was 11.7?percent, while the rates for majors in computer science was 7.8?percent, indicating unemployment rates were generally higher the type of with degrees in non-technical fields, the authors said.
\”It\’s slim pickings out there, that\’s for sure,\” said Valerie Berstene, who graduated in May with a master\’s degree in architecture.
\”It\’s challenging with techniques that I never anticipated.\”
But that isn\’t to say she\’d have studied other things.
\”If I left for another field, I would miss architecture an excessive amount of,\” she said.
However, while unemployment among graduates stands in a high 8.9?percent, the rates of unemployment among job seekers with less education is much higher.
Unemployment among those with a recent high school diploma was 22.9?percent, and 31.5 percent of recent high school dropouts were with no employment, writes Whoriskey.