Education

5 Majors with the Lowest Unemployment Rates in 2021 in USA

Today we are going to be going over the 5 Majors with the Lowest Unemployment Rates in 2021 in USA, these are going to be college degrees and when you graduate with them, you are very likely to get a job, you’re very unlikely to be unemployed.

Also, just because you may not see a degree you’re interested in on this list doesn’t necessarily mean it’s not good in general. And also, even if a degree does have a high unemployment rate, in certain circumstances, it can still be a good choice, it really just depends on the person.

First of all, let’s break down the different types of degrees. So you basically got Associate, Bachelor, Masters, and Doctorate and then also you have Professional Degrees, sometimes Professional Degrees or Masters, sometimes their Doctorates.

5 Majors with The Lowest Unemployment Rates in 2021 in USA

So you see here with an Associate’s Degree, of course, is data from 20. So it may not be the same exact data as now there’s about a 7.1% unemployment rate for Bachelor’s Degrees 5.5%, which is a huge jump for Master’s Degrees 4.1%, pretty big jump their professional degrees 3.1%.

Then a small jump from Professional to Doctoral Degree at 2.5%. So basically, what this means is, the more education you get, the less likely you are to go without a job. Also, keep in mind on this list, we’re going to be talking about specific degrees.

Sometimes there might be a type of degree where it doesn’t have a very good unemployment rate. But with that specific degree, you know, within that type, it does. So according to NCS data. This was from a couple of years back before the whole situation in the world happened (Pandemic).

Basically, you know, the degrees that have the lowest unemployment rate are going to be education. So you see education, elementary education, and general education, you also see nursing down there at 1.7%, electrical engineering, 1.9%, finances, 2.1%, and so on, and so forth.

So, you know, a degree like education, for instance, it’s not very high paying, but you are pretty much guaranteed to get a job. So that’s a good thing. But you see very general degree types on here with the way they did it, the methodology, general medical and health services like that could be so many different degrees.

So obviously, they’re bunching a bunch of different ones into one category. Now moving on to the specific degrees.

5. Public Policy and Laws

Public Policy and Laws gonna come in at Number five, the unemployment rate for this one is 1.7%, very, very low. However, the underemployment rate is about 62.8%.

So underemployment is basically where you’re either working part-time doing something related to what you studied, or you’re not working at all in the field that’s related to what you actually got your degree in. So that’s not very good at all. On top of that, the share of these students who graduate and then go on to get a graduate-level degree.

So a Master’s or a Doctorate is 44.8%, which is very high as well. So basically, what this tells me is most people who graduate with this degree do end up getting jobs, many of them have to go to graduate school before they get a job. But a lot of them are not working full time in what they studied. So maybe they’re working part-time.

4. General Education

Number four, on the list, is going to be General Education, the unemployment rate for this one is 1.7%. Very, very low. The underemployment rate for this one is 22%. Also not bad. Then the share of people who graduate with an education degree that ends up getting a Master’s or a Doctorate is 47%.

That is on the higher side. I think a big reason so many people do that is that when you graduate with a bachelor’s degree, unfortunately, they don’t really pay teachers all that well. And if they get a master’s or a doctorate, of course, they get a pay raise. So that’s the reason that a lot of them pursue that at least that’s the way I see it.

3. Early Childhood Education

Number three on the list is going to be another education degree which is Early Childhood Education. This one also has a 1.7% unemployment rate, very solid, the underemployment rate is going to be about 19.2% also not bad at all. And then the share of people who went on to get a graduate degree was on the high side at 38%.

2. Medical Technician’s

Number two on the list is going to be Medical Technician’s medical careers are known for being very stable, so not surprised at all to see that one on the list. But the unemployment rate for this one is going to be 1% Super, super low. The underemployment rate on the other hand is going to be about 50.9%.

So that’s on the higher side. That means many people are probably working part-time then the share of students who graduate and then end up getting a graduate-level degree is 24%, which is not too bad.

1. Theology and Religion

Number one on the list did come as a surprise to me but when I looked into it, it made total sense. That is going to be Theology and Religion. The unemployment rate for this one is 1% extremely low. However, the underemployment rate is 46.9% on the higher side and on top of that, the share of people who have a graduate-level degree is 42%.

Which again, that’s pretty high as well. So what this tells me is people who graduate with this degree are very likely to get a job a lot of the time it’s not going to have anything to do with what they actually studied.

They’re going to have to go back to school in order to get a job at least they will have to do that a significant amount of the time so yeah, pretty cool list here somewhat helpful I think just because of the fact that it’s so specific, it’s not going to be too helpful because a lot of the time people have to apply this to their you know, own circumstances.

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