It can be tough to know what degree to pursue when the job market is uncertain.
You don't want to spend four years (or more) studying for a degree that won't help you find a job. You also don't want to end up unemployed and drowning in student loan debt.
Check out this list of undergraduate majors and graduate degrees in high demand right now! With information on each one, you're sure to find the perfect fit for your career goals.
Undergraduate Majors That Can Survive Recession
There are many degrees out there that can help you weather a recession. While most degrees will eventually lead to a job, some degrees are more recession-proof than others.
Here are a few degrees that will help you find a job during tough economic times:
With an aging population and advances in medical technology, there will always be a demand for healthcare workers. If you're interested in working in healthcare, consider pursuing a degree in nursing, physical therapy, medical technology, or occupational therapy.
For instance, USA Today reports that medical technology technicians have the lowest unemployment rate, with just 1.79% of workers out of a job. More than 98% of workers in this field are employed and are well compensated, at an average of $55,436 per year.
As businesses increasingly rely on technology, there is a growing demand for software developers. There is a constant need for new software. With more companies going online, there is also an increasing demand for developers who can create and maintain websites and develop apps that will help businesses run more efficiently.
People with a degree in software development can find jobs as web developers, app developers, or systems analysts.
According to the Bureau of Labor Statistics, the software developer job market will increase by 21% through 2028. That's more than double the general employment growth rate! Additionally, software developers also have a lucrative salary, with a median pay of $110,000 per year.
Math and Science Instructors
Teachers are always in demand, but math and science instructors are especially needed as the U.S. falls behind other countries in these subject areas.
There is a growing movement to improve STEM (science, technology, engineering, and math) education in the United States. So, if you're interested in teaching math or science, now is a great time to pursue a career in education.
Those with a major in math education will more likely be employed compared to graduates of other majors. In fact, the unemployment rate for math teachers is just 1.67%.
Graduate Degrees That Can Help You Get a Job
If you're struggling to find a job or have lost your job, going back to school and getting a graduate degree can help you get back on your feet. Here are a few degrees that can help you find a job:
If you have a degree in nursing, you can further your career by becoming a nurse practitioner. Nurse practitioners are in high demand as they provide primary and specialty care to patients. Nurse practitioners can also prescribe medicines just like doctors!
The job market for nurse practitioners is expected to grow by 31% through 2026. By 2019-2029, the job growth for this occupation is expected to be at a staggering 45%. And, with an annual average salary of $95,608 per year, it's a well-paying career!
Statisticians are in high demand as businesses increasingly rely on data to make decisions. Statisticians collect, analyze and interpret data to help enterprises to solve problems. They can be employed as a research analyst, market research analysts, or data scientists.
With an annual average salary of $114,000 per year, statisticians are well compensated for their skills. And, the job market is expected to grow by 33% through 2026.
There's no denying that information technology (IT) is a booming industry. IT professionals are responsible for maintaining and developing computer systems and networks. They can also work as web developers, database administrators, or computer support specialists.
The job outlook is also relatively high for IT professionals. The job market is expected to grow by 22%, much faster than the general employment growth rate. And IT professionals who have a graduate degree can earn a median salary of $126,839 per year.
How Long Can I Expect To Get a Job After I Get the Degree I Need?
The time it takes to get a job after you graduate depends on your industry and the specific job you want. For instance, healthcare practitioners such as nurses, physical therapists, and dentists can quickly find a job. This is because there is a constant demand for these professionals.
On the other hand, it may take longer to find a job in industries such as marketing or advertising since the number of job openings in these industries can vary depending on the economy. Some degrees like music and architecture may also take longer to lead to a job because there are fewer jobs in these fields.
In general, you can expect to find a job within six months to a year after you graduate. However, it's always best to be prepared for the worst and have a backup plan just in case it takes longer than expected. Try to network with professionals in your field and stay positive throughout your job search!
Looking for a job can be challenging, but having the right degree can make it easier. It's essential to choose a degree that will lead to a career in an industry that is growing. Majors in healthcare, IT, and statistics are excellent choices as the job market is expected to grow by 22%, 33%, and 31%, respectively.
If you're one of the many people struggling to find a job, don't despair! There are still graduate degrees you can get to help you land the job of your dreams. Although you'll be spending some time again in school, it'll be worth it when you have a position that will withstand any economic downturn.