This represents an over-the-month decrease of 3.3% from the September 2020 estimate of 12.7% and an over-the-year increase of 4.2% since October 2019. College Majors with High Unemployment Rates. Statistics show that the unemployment rate for recent college graduates has been steadily moving upward, while the general unemployment rate for … The US Unemployment Rate in the past 25 Months The US Unemployment Rate decreased by -0.2% in 2018, by -0.4% in 2019 and increased by +3.2% in 2020. Unemployment rate counted for 20%, and an additional 10% factor rewarded career paths that do not demand schooling beyond a bachelor’s degree. Fine arts majors face an unemployment rate after graduation of 5.6% and a staggering 58.4% rate of underemployment — in low-paying or low-skill jobs — according to census data reported by the Federal Reserve Bank of New York. The number of unemployed persons fell by 326 thousand to 10.7 million and the employment level declined by 74 thousand to 149.7 million. Financial news and commentary website 24/7 Wall St. released a list of the top 25 college majors with the lowest unemployment rates in the U.S. 24/7 Wall St ... Thursday, September 12, 2019. The U.S. unemployment rate was 3.7% as of July 2019, according to the U.S. Bureau of Labor Statistics, and the unemployment rate for Bachelor’s degree recipients was 2.2%. Trends for young workers holding only a high school diploma provide a comparison New York Fed economists Jaison Abel and Richard Deitz track data on the job prospects, wages, unemployment, and underemployment of new U.S. college graduates. Some academic majors, however, have much higher unemployment rates. - Underemployment rate: 21.2% - Unemployment rate: 3.3% - Median wage early career: $68,000 - Median wage mid-career: $100,000 - Share with graduate degrees: 46.4%. While lower unemployment rates suggest signs of economic recovery, the unemployment rate varies significantly by factors such as age, location, and … College majors with lowest unemployment rates. Japan: 2.4% India: 3.5% Unemployment rate in the U.S. - forecast 2019-2030 U.S. employment growth 2018-2028, by industry Projected U.S. employment change by major occupational groups 2018-2028 For October 2020, the unemployment rate for the Virgin Islands fell to 9.4%. The US unemployment rate edged down to 6.7 percent in November 2020, from the previous month's 6.9 percent and compared with market expectations of 6.8 percent, as fewer people looked for work. This is the first time that VI’s unemployment rate has dropped below 10.0% since March 2020. According to the Bureau of Labor Statistics, the unemployment rate in the U.S. as of April 2018 is at a ten-year low of 3.9%.This is a significant decrease from the peak 10% unemployment in October 2009, at the height of the recession. Mass Media. 1. The unemployment rates for the world's largest economies were predictably low at the end of 2019, with some outliers like France, Brazil, and Italy. I looked at the 100 most popular college majors and pulled out the 25 majors with the lowest unemployment. Electrical engineer majors have a wide variety of career paths to choose from, whether they're developing aircraft electrical systems or testing prototypes for smaller pocket devices.