15 college majors that have the highest unemployment rate in the US
Getting a college degree used to guarantee you a good life, but in the last decade, the promises of higher education have fallen flat—even with American unemployment at a 54-year low according to U.S. Treasury Secretary Janet Yellen.
A February 10th report from the Federal Reserve Bank of New York revealed just how dire the situation is among some college graduates. Here are the 15 majors that have the highest unemployment, pay attention to their underemployment rates and each degree's median pay, the data might shock you!
Unemployment Rate: 6.5%
Underemployment Rate: 47.7%
Median Career Wage: $45,000
Median Mid-Career Wage: $75,000
Unemployment Rate: 6.6%
Underemployment Rate: 52.0%
Median Career Wage: $50,000
Median Mid-Career Wage: $80,000
Unemployment Rate: 6.6%
Underemployment Rate: 27.1%
Median Career Wage: $72,000
Median Mid-Career Wage: $112,000
Unemployment Rate: 6.9%
Underemployment Rate: 49.2%
Median Career Wage: $50,000
Median Mid-Career Wage: $80,000
Unemployment Rate: 7.1%
Underemployment Rate: 39.6%
Median Career Wage: $62,000
Median Mid-Career Wage: $90,000
Unemployment Rate: 7.1%
Underemployment Rate: 49.3%
Median Career Wage: $50,000
Median Mid-Career Wage: $86,000
Unemployment Rate: 7.4%
Underemployment Rate: 49.4%
Median Career Wage: $45,000
Median Mid-Career Wage: $70,000
Unemployment Rate: 7.6%
Underemployment Rate: 64.0%
Median Career Wage: $39,000
Median Mid-Career Wage: $62,000
Unemployment Rate: 7.8%
Underemployment Rate: 50.1%
Median Career Wage: $43,000
Median Mid-Career Wage: $39,000
Unemployment Rate: 7.9%
Underemployment Rate: 33.5%
Median Career Wage: $43,000
Median Mid-Career Wage: $70,000
Unemployment Rate: 8.4%
Underemployment Rate: 51.7%
Median Career Wage: $40,000
Median Mid-Career Wage: $75,000
Unemployment Rate: 8.9%
Underemployment Rate: 47.9%
Median Career Wage: $37,000
Median Mid-Career Wage: $60,000
Unemployment Rate: 9.0%
Underemployment Rate: 52.3%
Median Career Wage: $40,000
Median Mid-Career Wage: $61,000
Unemployment Rate: 9.1%
Underemployment Rate: 57.1%
Median Career Wage: $42,000
Median Mid-Career Wage: $68,000
Unemployment Rate: 12.1%
Underemployment Rate:55.4%
Median Career Wage: $40,000
Median Mid-Career Wage: $65,000
Nurses had a post-college employment rate of 99.7% and an underemployment rate of just 10.1%. Nurses also made on average $55,000 right out of school and usually earned a median income of $75,000 mid-way through their careers.