College Degrees: High Demand vs. Low Demand

COLLEGE DEGREES:
HIGH DEMANd VS. LOW DEMAND

WE all know that a college degree can improve your income greatly, but do you know what degrees are coveted right now? Maybe the degree you're pursuing won't leave employers pursuing you. Or maybe you've chosen a path that has employers chasing you for an interview. Which is it?

DEGREES WITH HIGHEST RATE OF UNEMPLOYMENT

1. Clinical Psychology 19.5%
2. Fine Arts Degrees 16.2%
3. United States History 15.1%
4. Library Science 15.0%
5. Military Technologies 10.9%
6. Educational Psychology 10.9%
7. Architecture 10.6%
8. Industrial & Organizational Psychology 10.4%
9. Miscellaneous Psychology 10.3%
10 Linguistics & Comparative Literature 10.2%
11. Visual & Performing Arts 9.2%
12 Engineering & Industrial Management 9.2%

WHAT'S DRIVING THE LOW DEMAND?

Psychology is distinct because the field has little desire for bachelor level graduates. Its applications are also highly specialized.

The architecture employment rate is low because the industry virtually collapsed in the recession.

Some non -technical majors are more notorious for unemployment like:
SOCIAL SCIENCE
LIBERAL ARTS
HUMANITIES
LAW
PUBLIC POLICY

Patterns suggest that those who have been out of college for some time will not fare as well as recent graduates while the economy recovers, Notable exceptions are:
ARCHITECTURE
INTERNATIONAL BUSINESS
THEATER ARTS

AB ARGUMENT FOR SKIPPING COLLEGE ALTOGETHER?
Rates of unemployment in 2010 by level of education:

16% of those with some high school education
11% of those graduated from high school
9% of those with some college education
5% of those with a bachelor's degree or higher

At 16% unemployment, high school dropouts have a lower unemployment rate that those with a Bachelors degree in Clinical Psychology, Fine Arts, U.S. History or Library Science.

And with 11% unemployment rate, high school graduates fare better that the top 10 highest unemployment rate bachelor's degrees!

DEGREES WITH LOWEST RATE OF UNEMPLOYMENT

1. MEDICAL LABORATORY TECHNICIAN
AVERAGE SALARY $59,430
UNEMPLOYMENT RATE: 1.4%
Works in med lab setting assisting doctors with technical research.

2. NURSING
AVERAGE SALARY: $66,015
UNEMPLOYMENT RATE: 2.2%
Assists physicians, administers care, and educates patients. Requires an associate's degree ans is certified as a registered nurse.

3. TREATMENT THERAPY PROFESSIONS
AVERAGE SALARY: $74,715
UNEMPLOYMENT RATE: 2.6%
Consists of occupational therapists
Can also get a master's is physical therapy to progress in the field.

4. MEDICAL ASSISTING SERVICES
AVERAGE SALARY:
FOR ENTRY LEVEL MED ASSISTANT: $28,000
FOR PHYSICIANS ASSISTANT: $88,000
UNEMPLOYMENT RATE 2.9%
Medical assistants complete administrative and clinical tasks in the offices of physicians, podiatrists, chiropractors, and other health practitioners.
A degree in healthcare management can be useful.
Physician's assistant requires a Master's Degree and certification.

5. AGRICULTURE PRODUCTION & MANAGEMENT
AVERAGE SALARY: $ 63,400
UNEMPLOYMENT RATE: 3.0%
Manage the agricultural production of various types of agrarian operations.

6. INDUSTRIAL PRODUCTION TECHNOLOGIES
AVERAGE SALARY: $25,000-$70,000
UNEMPLOYMENT RATE: 3.1%
Industrial technology is the field concerned with the application of basic engineering principles and technical skills in support of industrial engineers and managers.

7. PHARMACY
AVERAGE SALARY: $ 115,181
UNEMPLOYMENT RATE: 3.2%
Compounds ans dispenses prescribed drugs in a healthcare facility environment

8. COMMUNICATIONS & DISORDERS SCIENCES
AVERAGE SALARY $ 66,920
UNEMPLOYMENT RATE: 3.3%
Trained as speech-language pathologists and prepared to work with a variety of different speech disorders.
Typically, requires a Master's degree but not always.

9. ELEMENTARY EDUCATION
AVERAGE SALARY: $52,541
UNEMPLOYMENT RATE: 3.6% COLLEGE DEGREES: VS. HIGH DEMAND vs. LOW DEMAND We all know that a college degree can improve your income greatly, but do you know what degrees are coveted right now? Maybe the degree you're pursuing won't leave employers pursuing you. Or maybe you've chosen a path that has employers chasing you for an interview. Which is it? DEGREES WITH HIGHEST RATE OF UNEMPLOYMENT Clinical Psychology Fine Arts Degrees 19.5% 2 16.2% 1.J70 United States History Library Science 15.1% 4 15.8% Military Technologies Educational Psychology 18.9% 6 D4 18.9% Architecture Industrial & Organizational Psychology 7 18.6% 18.4% Miscellaneous Psychology Linguistics & Comparative Literature 18.3% 18 18.2% Visual & Performing Arts Engineering & Industrial Management 92% 12 9.2% J.G70 WHAT'S DRIVING THE LOW DEMAND? Psychology is distinct because the field has little desire for bachelor The Architecture employment rate is low because the level graduates. Its applications are also highly specialized. industry virtually collapsed in the recession. Some non-technical majors are more notorious for unemployment like: SOCIAL SCIENCE LIBERAL ARTS HUMANITIES LAW PUBLIC POLICY Patterns suggest that those who have been out of college for some time will not fare as well as recent graduates while the economy recovers. Notable exceptions are: ARCHITECTURE INTERNATIONAL THEATER ARTS BUSINESS AN ARGUMENT FOR SKIPPING COLLEGE ALTOGETHER? Rates of unemployment in 2010 by level of education: 16% 11% 9% 5% of those with some high school education of those graduated from high school of those with some of those with a bachelor's college education degree or higher At Ib% unemployment, high school dropouts have a lower unemployment rate than those with a Bachelors degree in Clinical Psychology, Fine Arts, U.S. History or Library Science. And with an I1%0 unemployment rate, high school graduates fare better than the top 10 highest unem- ployment rate bachelor's degrees! DEGREES WITH LOWEST RATE OF UNEMPLOYMENT 1. MEDICAL LABORATORY TECHNICIAN AVERAGE SALARY: $59,438 Works in med lab setting assisting doctors with technical research. UNEMPLOYMENT RATE: 1.4% 2. NURSING AVERAGE SALARY: $6.815 Assists physicians, administers care, and educates patients. UNEMPLOYMENT RATE: 2.2% Requires an associate's degree and is certified as a registered nurse. 3. TREATMENT THERAPY PROFESSIONS AVERAGE SALARY: $74.715 Consists of occupational therapists Can also get a master's in physical therapy to progress in the field. UNEMPLOYMENT RATE: 2.6% 4. MEDICAL ASSISTING SERVICES AVERAGE SALARY: FOR ENTRY LEVEL MED ASSISTANT: Medical assistants complete administrative and clinical tasks in the offices of physicians, podiatrists, chiropractors, and other health practitioners. $28,808 FOR PHYSICIAN'S ASSISTANT : $88,888 A degree in healthcare management can be useful. UNEMPLOYMENT RATE: 2.9% Physician's assistant requires a Master's Degree and certification. 5. AGRICULTURE PRODUCTION & MANAGEMENT AVERAGE SALARY: $63.480 Manage the agricultural production of various types of agrarian operations. UNEMPLOYMENT RATE: 3.0% 6. INDUSTRIAL PRODUCTION TECHNOLOGIES AVERAGE SALARY: Industrial technology is the field concerned with the application of basic engineering principles and technical skills in support of industrial engineers and managers. $25.008 - $78,880 UNEMPLOYMENT RATE: 3.1% 7. PHARMACY AVERAGE SALARY: $115.181 Compounds and dispenses prescribed drugs in a healthcare facility environment. UNEMPLOYMENT RATE: 3.2% 8. COMMUNICATION & DISORDERS SCIENCES AVERAGE SALARY: Trained as speech-language pathologists and prepared to work with a variety of different speech disorders. $6,928 UNEMPLOYMENT RATE: 33% Typically, requires a Master's degree but not always. 9. ELEMENTARY EDUCATION AVERAGE SALARY: Teaches Children in the K-8 range. $52.541 UNEMPLOYMENT RATE: (3.6% 18.SPECIAL-NEEDS EDUCATION AVERAGE SALARY: Teaches children with a variety of learning, mental, emotional and physical disabilities to ensure a quality education from an understanding individual. $53.228 UNEMPLOYMENT RATE: 3.6% STRATEGIES FOR GETTING A JOB AND STAYING EMPLOYED Sometimes when unemployment is high the best strategy for future employment is grad school: Unemployment for those with graduate degrees is J%0 Overall, those who graduate from college in almost any degree will have better odds of job market success than those who choose not to. But, clearly, that's not all there is to it. Even greater factors of success are: Remaining dedicated to work – don't get stuck in a Choosing a prospering field of study - stay in the loop Choosing grad school instead of settling for an unrelated career Technical specialization - but be sure your studies have modern applications rut PROVIDED BY: BESTCOUNSELINGDEGREES.COM SOURCES: http://www.cbsnews.com/8301-505145 162-57325132/25-college-majors-with-the-highest-unemployment-rates/ http://www.cbsnews.com/8301-505145_162-57325132/25-college-majors-with-the-highest-unemployment-rates/ http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/Unemployment.Final.update1.pdf http://www.cbsnews.com/8301-505145 162-57324669/25-college-majors-with-lowest-unemployment-rates/ http://www1.salary.com/medical-technologist-Salary.html http://www1.salary.com/registered-nurse-Salary.html http://www1.salary.com/Occupational-Therapist-Salary.html http://www.bls.gov/ooh/Healthcare/Physician-assistants.htm http://www.bls.gov/ooh/healthcare/medical-assistants.htm http://www.jobsearchintelligence.com/hr-salary-data-list/agriculture/salary-survey-data.php http://en.wikipedia.org/wiki/Industrial_technology http://www.cbsalary.com/entry-level-jobs/industrial-technology-technician-degree.html http://www1.salary.com/Pharmacist-Salary.html http://www.bls.gov/ooh/Healthcare/Speech-language-pathologists.htm http://www1.salary.com/Teacher-Elementary-School-Salary.html http://www.bls.gov/ooh/Education-Training-and-Library/Special-education-teachers.htm