Jul 11, 2013 9:05 PM GMT
Worried about getting a job after college? Study business, education or computer science.
In a new report, the Bureau of Labor Statistics reviewed more than 150 occupations that typically require a bachelor’s degree. It projected that between 2010 and 2020, business fields will have as many as 2 million job openings, education will have 1.5 million and computer science and math will have 1.1 million. That’s out of more than 8.5 million overall job openings in the fields BLS studied.
What if you want to earn the highest starting salary? Stick to an engineering degree, with an average annual salary of $62,655, or computer science, drawing $59,221 a year. Humanities and social sciences came in at the bottom, with an average salary of $36,988, and education, $40,668. Those figures are based on the average starting salaries of 2012 graduates by major.
People with a bachelor’s degree have a lower unemployment rate and earn more money than those with less education, according to the Labor Department.
One year after earning their degrees, the unemployment rate for 2007-2008 graduates stood just above 5% for education majors and 6% for computer science and math majors. For business majors, the most popular field of study, the rate was about 9%, BLS said. The unemployment rate was highest for humanities and social science majors, both coming in near 13%, the report found.