New york job fair for sept 2014,jobs in delaware ohio 43015,top it careers 2012 - Good Point

22.07.2015
For all the recent skepticism about the value of a college education, a bachelor’s degree is still “worth it” on average.
Fortunately, there are well-paying majors even for the non-technically inclined, although some comfort with math still helps.
Petroleum engineers have one other big advantage over other graduates: They’re much more likely to find jobs. The weak correlation likely reflects the fact that college graduates have a significant edge when it comes to finding jobs, regardless of what they major in. But while a degree may help graduates in the job market, most people don’t go to college so that they can wait tables. After cosmetology and drama, the majors who are the most likely to end up stuck in very low-wage jobs are graduates in clinical psychology. Here, the standard rules of economic incentives are in full force: In fields where graduates get a big financial boost by going to graduate school, more of them do so. All figures in this article, except where otherwise noted, are based on American Community Survey Public Use Microdata Sample files for 2010 through 2012. 4940 TELEMARKETERS ^These figures are calculated for full-time, year-round workers over age 24.
The nation’s unemployment rate fell below 6% in September for the first time in six years. The unemployment rate fell last month because more people were getting jobs, not because they were dropping out of the labor force as they have at times during the economic recovery. Jobs growth was strong in professional and business services, particularly in employment services and consulting.
The recent hiring boost came after a surprisingly weak August, though the Department of Labor revised that month’s figure upward to 180,000 jobs.
The consensus forecast from economists surveyed by CNNMoney was for a jobs gain of 215,000 jobs and an unemployment rate of 6.1%.
This jobs report is being closely followed because economic data in recent days has been mixed. The strong report shows that that the economy has positive momentum going into the final quarter of 2014, said Sam Bullard, senior economist at Wells Fargo Securities.


Federal Reserve Chair Janet Yellen and other officials are closely monitoring the monthly jobs report. But others say there aren’t that many job openings out there, especially for positions offering decent wages. People attend a jobs fair at the Bronx Public Library on September 17, 2014 in the Bronx Borough of New York City. Yellen said living standards had been stagnant for most Americans for the past few decades, and it is an unhealthy development when the U.S.
Yellen cited investments in early childhood education, making college cheaper and opportunities for small business owners and entrepreneurs as possible solutions. By far the most popular major in recent years, psychology, is also one of the lowest-paying and leaves more than half its graduates working in jobs that don’t require a college degree.
In fact, according to a recent analysis by economists at the Federal Reserve Bank of New York, the average value of a college degree is near an all-time high, even factoring in rising tuitions. And those figures don’t include the shockingly high percentage of college students who don’t graduate, many of whom end up with the worst of both worlds: saddled with debt, but with no degree to help their job prospects. The typical recent college graduate with a full-time job earns about $36,000 a year, according to the American Community Survey. The premium reflects the tremendous demand for oilfield engineers in the midst of the recent drilling boom, as well as the tough conditions and remote working environments that many petroleum engineers must endure, especially early in their careers. Their unemployment rate was 1.8 percent, and of those with jobs, 87 percent worked at least 35 hours per week. A new report from Burning Glass Technologies, an employment data company, finds that employers increasingly prefer applicants with bachelor’s degrees even for jobs that don’t traditionally require them. Teachers are poorly paid on average, but the jobs require a college degree and most teachers, presumably, knew they wouldn’t make much money when they chose their career.
Nurses earn a bit more than average ($48,000) but are among the least likely to be stuck in jobs that don’t require a college degree. Some construction and manufacturing jobs, for example, pay well even though they don’t traditionally require a degree. About 30 percent of them work in such jobs; overall, the median wage for recent psychology graduates is just $25,000, making them among the lowest paid of any major.


The share of Americans participating in the labor force is now at its lowest point since 1978, at 62.7%. On average, the economy has been adding well over 200,000 jobs a month this year, a positive sign. Job Creation Index reached a six-year high in September, with 42% of employees surveyed saying their employer is hiring and expanding the size of its workforce. Labor Department said Thursday weekly applications for unemployment aid fell another 23,000 to a seasonally adjusted 264,000, the lowest level of applications since April 2000. Similarly, majoring in astrophysics won’t net a $62,000 salary for someone who flunks Calculus 101. There may also be a built-in risk premium: The energy industry is notorious for its boom-bust volatility, so there’s no guarantee that those newly minted petroleum engineers will still be pulling down six-figure salaries if oil prices suddenly crater. Nearly two-thirds of job postings for executive assistants now demand a bachelor’s degree, even though only about one-fifth of people currently employed in the field have one. More worrisome are college graduates who end up severely underemployed, stuck in low-paying service jobs such as waiters, janitors and retail clerks. So are most computer and math majors, and math-heavy sciences like astrophysics.3 But many sciences, particularly the life sciences, pay below the overall median for recent college graduates.
I used raw earnings figures, not adjusted for inflation, in order to keep the number round (given low levels of inflation in recent years, it makes minimal difference). The total sample size for recent graduates’ earnings is more than 60,000, but for specific majors, the samples are much smaller, in some cases in the single digits.
As a result, don’t read too much into the exact earnings figures for each major; it’s safe to say that librarians earn much less than petroleum engineers, but the sample sizes are much too small to know whether they really earn less than zoologists.



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