New data from the Federal Reserve Bank of New York highlights the college degrees with the highest unemployment rates in the US workforce. Anthropology majors have the highest unemployment rate at 9.4%. Fine arts and sociology majors follow closely with unemployment rates of 7.0% and 6.7%, respectively. These degrees offer mid-career earnings around $70,000, which is on the lower end of the earnings spectrum. Some high-paying degrees, such as computer engineering, physics, and computer science, have relatively high unemployment rates. These majors earn median salaries of $122,000, $100,000, and $115,000, respectively, but face jobless rates of 7.5%, 7.8%, and 6.1%. Liberal arts degrees, history, and English language majors earn between $70,000 and $77,000 mid-career, with unemployment rates ranging from 4.6% to 5.3%. Communications and journalism degrees offer earnings closer to $85,000, with unemployment levels around 4.4% to 4.5%. Economics, political science, and international affairs offer stronger income potential, exceeding $90,000, but still face unemployment rates between 4.7% and 5.5%. The findings suggest that a higher paycheck doesn't always guarantee job security, and prospective students should weigh both earning potential and employability in their education decisions.
zerohedge.com
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