Unemployment is something no worker wants in their career. However, some people forget about the unemployment rates that the degree they want to study has in the USA now. Bear in mind that some degrees may become more important while others may become less necessary. In this way, you can somehow forecast the relevance of your degree by the time you have finished your degree.
Even if it is advisable that people study something they really love, they will have to face reality. Among all the things you like, it could be best to choose those which have more career opportunities. Unemployment could be really frustrating. Let us not forget about your wage either. Not earning enough is as bad as unemployment since you are working but you still cannot make ends meet. Those who opt for education seem to have a very low unemployment rate. It is just 0,6% while their underemployment rate is 16,7%. Wages range from 40,000 to 56,000 dollars. It depends on your stage.
But what are the majors with the highest unemployment rates in the USA?
According to data from the Federal Reserve Bank of New York, those who are into fine arts have the highest unemployment rates. They have found out so by using the information available in the Census Bureau’s American Community Survey through IPUMS. The unemployment rate fine arts professionals have is a staggering 12,1%. Their underemployment rate is slightly higher than 55%. Even if they can follow different career paths like illustrating, painting, fashion, web, or interior design, they may find it hard to obtain employment.
Philosophy does not seem to be the best job to find employment quickly. Their unemployment rate is also high since it reaches 9,1%. As for the underemployment rate, it is about 57%. Their wage could be as high as 68% for those in the middle of their career while those in their early career may get $42,000 approximately. Many of them opt for teaching at university, but there are many other possibilities like technical writers, critics, or even lawyers. Not far from their unemployment rate are those in the field of sociology. Their jobless people rate is 9%. Wages are very similar to those in Philosophy as well as underemployment rates.
What about the fourth and fifth majors with the highest number of people unemployed?
Family and consumer sciences seem to be in the fourth position regarding unemployment rates. Unemployment is as high as 8.9%. It is still a high figure and it is not far at all from the previous majors. Their underemployment rate is also high reaching 47.9%. Housing counselors or community service directors are among the most common job preferences. Those in the mass media world have an unemployment rate that is not low either. It is about 8.4%. Their median wages may be as much as 75,000 dollars for those in the middle of their career. Those starting may earn about $40,000. Lots of jobs are related to it, from editing to acting.
Commercial art and graphic design may still struggle to get a job in their field. Nearly 8% is their unemployment rate. 7.9% is still too much, but there are other jobs that are quite close to this figure. Take for example those in foreign languages, 7.8%, or in performing arts, 7.6%. Regardless of the job you are looking forward to obtaining and their unemployment rate, love what you do. This is the best way to lead a happy life and make the most of your career path.