Salute to Spouses Blog

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Job Outlook for 2015 Grads

If you are a new college grad without a job, don't be discouraged about finding one. Employers who responded to the National Association of Colleges and Employers' Job Outlook 2015 Spring Update survey reported plans to hire 9.6 percent more Class of 2015 graduates in the U.S. than they hired from the Class of 2014.

In the fall they predicted it would be only be 8.3 percent so things are looking even better, thanks to the growing economy and an unemployment rate that, according to the Department of Labor, is the lowest it has been in years at 5.4 percent in April 2015.

New graduates with degrees in engineering, business and computer science are highest in demand. Within the engineering field, civil a engineers will fare better than most other engineering areas with a whopping expected growth of 20 percent between 2012 and 2022, which is faster than the average of 11 percent for all fields. About 53,700 jobs will be added during that timeframe and those hired to help improve the aging U.S. Infrastructure will earn a median income of about $79,300 a year.

Business degreed graduates with interest in marketing research, marketing management and accounting are atop U.S. News & World Report's three best business jobs in 2015.

The BLS reports their growth to be 31.6 percent, 12.7 percent and 13.1 percent respectively. Marketing managers had a median income of $123,000 in 2013 while market research analysts earned around $60,300 annually and accountants earned about $63,500.

Finally, computer science degrees are the third highest in demand according the NACE Job Outlook Survey 2015 report of January 2015. Some of the specific occupations and their median salaries include: computer networkers and software developers with median incomes of $91,000 and $93,000; security analysts earn about $86,000 while the remaining occupations earn in the mid- to high-$70's. The top three fastest growing are security analysts (37 percent), system analysts (25 percent), and software developers (25 percent).

But, what if you are a graduate who doesn't have a degree in engineering, business or computer science?

Don't fret, take your skills to a growing industry, like the medical industry. The population is aging and therefore the healthcare industry will need people in all occupations to support that growth, including those with healthcare backgrounds and non-healthcare backgrounds, to include, for example, human resources, food management, marketing and public affairs.

In fact, according to the BLS, healthcare will add the most new jobs between 2012 and 2022, at nearly one-third of the projected growth in all jobs. Other growing industries to consider are financial services, pharmaceuticals, e-commerce, online publishing and broadcasting.

There are three industries to be wary of due to projected decreases in employment: manufacturing, federal government, and agriculture, forestry, fishing and hunting.

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