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June 5, 2013

If Employment Game Has Changed, Who's Teaching The Rules?


It still pays to earn a college degree. That is, if you get the right one. Georgetown University published a report Wednesday that looked into this dilemma.

Highlights From Georgetown's Study:

(1.) Unemployment is generally higher for non-technical majors, such as the arts (9.8 percent) or law and public policy (9.2 percent).

(2.) Unemployment rates for recent graduates in information systems, concentrated in clerical functions, is high (14.7 percent) compared with mathematics (5.9 percent) and computer science (8.7 percent).

(3.) Unemployment rates are relatively low for recent graduates in education (5 percent), engineering (7 percent), health and the sciences (4.8 percent) because they are tied to stable or growing industry sectors and occupations.

(4.) Graduates in psychology and social work also have relatively low rates (8.8 percent) because almost half of them work in health care or education sectors.
-- Georgetown University Center on Education and the Workforce
"The labor market demands more specialization. So, the game has changed," says Anthony Carnevale, the report's co-author and director of Georgetown's Center on Education and the Workforce.

Posted by Jim Zellmer at June 5, 2013 1:06 AM
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