2024 data on unemployment and salary on 2024 STEM major graduates. Data from the US Census American Community Survey as accessed from the Federal Reserve.
Data is from US adults age 22-27 with a bachelors degree.
by graphsarecool
2024 data on unemployment and salary on 2024 STEM major graduates. Data from the US Census American Community Survey as accessed from the Federal Reserve.
Data is from US adults age 22-27 with a bachelors degree.
by graphsarecool
13 Comments
Source: [https://www.newyorkfed.org/research/college-labor-market#–:explore:outcomes-by-major](https://www.newyorkfed.org/research/college-labor-market#–:explore:outcomes-by-major)
Tools: Python with matplotib.
I really like this chart, but unemployment is difficult without taking underemployment into consideration
So…aerospace engineering, designing drones. Could be fun.
Leader lines would be helpful to make this more readable.
Wonder what this will look like in 5 years
Would be interesting to see these numbers over time, especially pre and post COVID. Most industries saw a salary bump, but my familiarity with people in Civil and Mechanical tells me these averages saw a huge bump for early career salaries when there was a shortage of candidates. Like starting salaries shifted +$10k in 2 years, which was following years of stagnant entry wages
Always neglecting us Nuclear engineers 🙁
id personally reverse the x-axis so the top right is “optimal” (low unemployment + high wages)
also would be interesting to color code by some categorical data point like category (separating biology vs compsci for example), size by # graduates or # jobs, etc.
It would be interesting to see what the number of graduates of those stem fields. Im sure there are more cs majors then aerospace engineers.
Learn to agricultural science, buddy.
As an aerospace engineer with 15 YoE, this is very true at all levels. Good industry with great prospects. The interviews I’m on panels for are generally sad. Usually people without any aerospace experience looking to enter high level roles or new hires with no social skills.
So, 10 or 15 years from now, tech will be in the same fix as civil engineering is now…
Because these CS and Computer Engineering grads couldn’t get entry-level jobs, employers will be complaining about the lack of those folks with 10 to 15 year experience
Speaking on the biology/chem side, it’s essentially a requirement at this point to start in academia, where the pay is extremely low, if you want to make any actual money in pharma down the line with only a bachelors. Barring that, the ceiling is unfortunately pretty low. People considering the field should really decide if they can swing getting a PhD instead, and if not, have a solid career plan in place before pursuing the degree