Good news for new college grads! Employers are planning to hire you this year, according to a new CareerBuilder survey.
Business majors are in highest demand, followed by computer and information sciences majors, and engineering majors.
But good luck finding a job if you studied communication and journalism; liberal arts and sciences, general studies and humanities; science technologies; social sciences; biological and biomedical sciences; architecture and planning; or education. Those fields are in the lowest demand, according to the survey.
Either way, don’t expect too fat of a pay check. Only an estimated 27% of annual starting salaries will be more than $50,000.
Read more: Top 10 highest paying work-at-home careers
The highest-paid college majors
If you’re looking for the highest-paid and lowest-paid college majors, here’s the latest list (these are projected starting salaries) according to the National Association of Colleges and Employers:
|Math & Sciences||$55,087|
|Agriculture & Natural Resources||$48,729|
Meanwhile, recent research from The Hamilton Project shows that the highest-paying majors will earn you roughly $1 million more over a working lifetime than the lowest-earning majors. This chart offers a great visual aid to take in all the research at a glance.
Degrees that pay the most have lifetime earnings in excess of $2 million. (The average earning over a career is $1.25 million.)
However, there are some real weak spots when it comes to earning; a four-year elementary education degree earns you less over a lifetime than the average 2-year associate degree. Ditto for social work, drama and theater arts. Music is dead even on earning power with a two-year associate degree.
The point is if you find something you would really like doing and it pays, maybe you consider it. Of course, money is not everything.
Taking on enormous student loans to be an art history student, well, maybe that’s not a great idea. Ditto for a social worker. On the other hand, if you do chemical engineering, that has a real payback over a lifetime.