Starting salaries are up 5.3% from last year. Health Sciences, Business, and Education in particular have become hot professions, with 9.4%, 7.1%, and 5.1% salary gains, respectively.
Young professionals are catching on: 31% of employed graduates between the ages of 20 and 29 hold advanced degrees in Educational Services, followed closely by Health Care and Business. Public Administration, Financial Activities, and Goods-Producing are less popular career avenues.
In 2010, 30.8% of employed college graduates found their jobs in the food service industry, followed by 24.6% in Retail. But three years later, due to increases in demand for more skilled labor, graduates are finding work that compliments their studies.
Still considering a college major? Engineering may be your best bet, with Petroleum Engineers making $97.9k a year right out of school and Biomedical and Civil Engineers both at a solid $53k. Stick with it a while and you can expect to double your earnings. Funny enough, while Mining, Quarrying, and Oil and Gas Extraction jobs offer some of the highest salaries on the market, they receive the fewest new grad entrants.
This year, more than 1.8 million people will enter the job market. Stay alert, know where you stand, and trade those old visions in for fine Italian cuisine and tailor made threads.
An Infographic by www.OpenColleges.edu.au
