ERIC Number: ED594056
Record Type: Non-Journal
Publication Date: 2014-May
Pages: 28
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
The Occupational Relevance of a College Education: An Examination of Education-Job Match among Bachelor's Degree Recipients. Research Brief
Horn, Aaron S.
Midwestern Higher Education Compact
The economic value of a bachelor's degree is readily evident when comparing the employment status and salary of high school graduates and college graduates. As the nation slowly recovered from the Great Recession, the annual average unemployment rate in 2010-11 ranged from 9.4 to 10.3 percent for individuals with just a high school diploma (Bureau of Labor Statistics, 2012). Conversely, unemployment rates were much lower among experienced college graduates in most major fields: 2.6 percent for healthcare; 3.4 - 4.8 percent for agriculture, computers and mathematics, education, engineering, public policy, sciences, and recreation; 5.2 - 6.3 percent for business, journalism, humanities, and the social sciences; and 6.6 - 9.3 percent for architecture, arts, and psychology (Carnevale, Cheah, & Strohl, 2013). This research brief further examines the nature, prevalence, and corollaries of the match between education and work among bachelor's degree recipients. Specifically, five research questions are addressed: (1) What was the employment status of 2007-08 bachelor's degree recipients one year after graduation? (2) What proportion of alumni attained major-congruent employment one year after graduation? (3) Why did some college graduates work outside of their major field? (4) What proportion of recent college graduates were satisfied with opportunities to use their undergraduate education in their current work? and (5) Are there differences in job satisfaction of recent college graduates by major-job congruence?
Descriptors: Undergraduate Students, College Graduates, Bachelors Degrees, Education Work Relationship, Employment Level, Outcomes of Education, Alumni, Employment Patterns, Job Satisfaction, Majors (Students)
Midwestern Higher Education Compact. 1300 South Second Street Suite 130, Minneapolis, MN 55454-1079. Tel: 612-626-8288; Fax: 612-626-8290; e-mail: mhec@mhec.org; Web site: http://www.mhec.org
Publication Type: Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Midwestern Higher Education Compact
Grant or Contract Numbers: N/A