Choosing a College Major? Job Prospects Matter!




๐Ÿ’ผ Top 20 Degrees with High Unemployment

(Mid-career = ages 35โ€“45)

  1. Anthropology
    • Unemployment: 9.4% (highest!)
    • Mid-career pay: ~$70,000
  2. Fine Arts
    • Unemployment: 7.0%
    • Mid-career pay: ~$70,000
  3. Sociology
    • Unemployment: 6.7%
    • Mid-career pay: ~$70,000
  4. Computer Engineering
    • Unemployment: 7.5%
    • Mid-career pay: ~$122,000
  5. Physics
    • Unemployment: 7.8%
    • Mid-career pay: ~$100,000

(Other degrees include political science, international affairs, psychology, and more.)


๐Ÿ” Key Surprises

  • High pay โ‰  job security: Some high-earning fields like computer engineering and physics still struggle with unemployment.
  • Liberal arts degrees (e.g., English, history) pay $70Kโ€“$77K but face 4.6โ€“5.3% unemployment.
  • Communications/Journalism pays ~$85K with 4.4% unemployment.

๐Ÿ’ก Why This Matters

A college degreeโ€™s value isnโ€™t just about salary. For example:

  • Anthropology has the worst job prospects despite average pay.
  • Tech fields like computer science pay well ($115K) but still have 6.1% unemployment.

Lesson: Balance earning potential and job demand when picking a major.


๐Ÿ“Œ Quick Takeaways

  • ๐Ÿšฉ Avoid degrees with unemployment over 5% unless you LOVE the field.
  • ๐Ÿ’ฐ High-paying degrees (e.g., engineering) arenโ€™t always stable.
  • ๐Ÿ“‰ Liberal arts majors earn less but face slightly lower unemployment.

Source: Federal Reserve Bank of New York, May 2025. Original analysis by Tyler Durden (June 2025).

Bottom Line: Do your research! Pick a major that aligns with your goals and the job market.