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Getting the Most From the Job Market

GETTING THE MOST FROM THE JOB MARKET Percent of Distribution TOP TEN* HIGHEST PAYING JOBS By Income Ranking by Average Yearly Salary Average Years of College Surgeon 12.9% $225,390 20.5% 10.6% 15-4% 11.8% 11.6% 12.7% 11.9% Anesthesiologist 12.1% 21.4% 10.9% $220,100 16.3% 1980 17.9% 14.0% 2008 Chief Executive Officer 3. $173,350 $100,000 + $75,000 to $99,999 $50,000 to $74,999 Dentist $158,770 $35,000 to $49,000 $25,000 to $34,999 $15.000 to $24,999 Lawyer under $15,00o $129,440 $44,410 Natural Science Manager $129,320 THE AVERAGE YEARLY SALARY IN 2010 Petroleum Engineer Top Ten Lowest Paying Jobs $127,970 1. $18,540 Cooks, fast food Architectural and Engineering Manager 2. $18,610 Food preparation $125,900 Computer and Information Systems Manager $123,280 3. $18,680 Dishwashers 9. 4. $19,140 Shampooers, hair 5. $19,280 Marketing Manager $122,720 10 Counter attendants (cafeteria, food concession, and coffee shop) 6. $19,600 Hosts and hostesses $73.86 *Since 9 out of 10 of the highest paying jobs are in the medical field, we modified the list to avoid monotony. Here's the un-modified list: 7. $19,750 THE AVERAGE HOURLY Amusement and 1 $225,390 Surgeons 2 $220,100 Anesthesiologists WAGE OF THE TOP 10 6 $189,480 Internists, general 7 $180,870 Physicians and surgeons, all other 8 $173,860 Family and general practitioners recreation attendants 8. $19,810 Cashiers $9.32 THE AVERAGE HOURLY 3 $214,120 Oral and maxillofacial surgeons 9. $20,040 Farmworkers and laborers, crop, nursery. and greenhouse WAGE OF THE LOWEST 10 $7.25 4 $210,340 Obstetricians and gynecologists 5 $200,290 9 $173,350 Chief executives 10. $20,290 Ushers, lobby attendants, 10 $167,610 Psychiatrists THE FEDERAL Orthodontists MINIMUM WAGE and ticket takers Median Salary by Education $55,242 $42,877 $31,988 $27,351 $21,332 is how much more money you'll make if you have a Bachelor's degree, instead of some high school High School Graduate Not a High Some College Bachelor Degree Advanced Degree School Graduate Top Ten Majors with Highest Median Earnings Earnings for the Top 10 Most Popular Majors Business Management and Administration $58,000 General Business $60,000 Petroleum Engineering $120,000 Accounting $63,000 Pharmacy Pharmaceutical 2 Sciences and Administration $105,000 Nursing $60,000 Psychology Marketing and Marketing Research $45,000 Mathematics and 3 Computer Science $98,000 $58,000 Communications $50,000 Aerospace Engineering $87,000 Elementary Education $40,000 Chemical Engineering Computer Science $75,000 $86,000 $65,000 Electrical Engineering $85,000 Finance Naval Architecture Earnings for the Top 10 Least Popular Majors 7 and Marine Engineering $82,000 Mechanical Engineering $80,000 Actuarial Science $68,000 Electrical and Mechanic Metallurgical Engineering $80,000 $57,000 Repairs and Technologies Metallurgical Engineering $80,000 Mining and Mineral Engineering 10 $80,000 Naval Architecture $82,000 and Marine Engineering Botany $42,000 Mining and Mineral Engineering $80,000 28% ►34% Oceanography $70,000 HOW MUCH THE U.S. LABOR Physical Sciences $69,000 FORCE HAS GROWN SINCE 1992 Mathematics and $98,000 Computer Science Miscellaneous Agriculture $47,000 Percentage of Employment by Education 86.2% 82.9% 77.4% 70.7% 51.7% Not a High School Graduate High School Graduate Some College Bachelor Degree Advanced Degree Top 10 Majors with Highest Employment Rate 20% 40% 60% 80% 100% COST Geological and Geophysical Engineering OF COLLEGE Military Technologies 2010-2011 SCHOOL YEAR Pharmacology School Student Counseling PUBLIC 2-YEAR Tuition & Fees $2,713 Medical Assisting Services PUBLIC 4-YEAR IN-STATE Metallurgical Engineering Tuition & Fees $7,605 Room & Board $8,535 Treatment Therapy Professions Total $16,140 Agricultural Economics PUBLIC 4-YEAR OUT-OF-STATE Tuition & Fees Agriculture Production and Management $19,595 Room & Board $8,535 Total Atmospheric Sciences and Meteorology $28,130 PRIVATE NONPROFIT 4-YEAR Tuition & Fees Top 10 Majors with Highest Unemployment Rate $27,293 Room & Board $9,700 Total $36,993 0% 20% 40% 60% 80% 100% Social Psychology PUBLIC DOCTORAL IN-STATE Tuition & Fees $8,503 Nuclear Engineering Room & Board $8,998 Total $17,501 Educational Administration and Supervision PUBLIC MASTER'S IN-STATE Biomedical Engineering Tuition & Fees $6,588 Room & Board $7,822 Linguistics and Comparative Language and Literature Total $14,410 Mathematics and PUBLIC BACHELOR'S IN-STATE Computer Science Tuition & Fees $6,224 ited States History Room & Board $7,935 Total $14,159 Court Reporting PRIVATE DOCTORAL Counseling Psychology Tuition & Fees $33,679 Room & Board $11,306 Studio Arts Total $44,985 Is School Worth the Cost? PRIVATE MASTER'S Tuition & Fees $24,438 The cost to become a Lawyer BACHELOR'S DEGREE Room & Board $9,284 PUBLIC 4-YEAR IN-STATE Tuition & Fees $7,605 x 4 + Room & Board $8,535 x 4 $107,790 Total $33,722 =Total $64,560 Vs PRIVATE BACHELOR'S MASTER'S DEGREE PUBLIC, IN-STATE Tuition & Fees $6,588 x 3 + Room & Board $7,822 x 3 Tuition & Fees $38,939 The low end starting salary for a Lawyer $24,555 Room & Board $8,846 Total $33,401 =Total $43,230 SOURCES http://www.bls.gov (hiip://www.bls.gov/aco/ocoso74.htm - htip://www.bls.gov/cco/ocosoz.htm - http://www.bls.gov/aco/acaso7z.htm - hitp://www.bls.gov/oca/ocososs.him • htip://www.bls.gov/oco/ocosoog.him - http://www.bisgov/aco/acosoog.him • http://www.bls.gov/oco/ocos258.him) • http://data.bls.gov/cgi- bin/print.pl/news.release/ocwage.htm, http://www.theaba.org/Home/publications - http://www.spe.org/training/certification.php • www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/whatsitworth- INFOGRAPHIC BROUGHT TO YOU BY MASTER-DEGREE-ONLINE.COM complete.pdf - http://finance.yahoo.com/news/New-study-tells-students-the-apf-3772704591.html?x+o&v=1, http://trends.collegeboard.org/. http//www.census.gov • (hitp://www.censusgov/hhes/www/income/data/earnings/callusboth.html • http://www.census.gov/compendia/statab/cats/income expenditures poverly wealth/household income.html). http://www.census.gov/compendia/statab/cats/income expenditures poverty w http://www.payscale.com/research/US/kobrAttorney %2f Lawyer/Salary/by Years Experience CREATED BY OBIZMEDIA.COM Designed by Claire Brown

Getting the Most From the Job Market

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Today, we take for granted the idea that higher education equals higher earning power. But does a college degree necessarily mean you'll make more money? This infographic takes a look at the numbers b...

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