Prediction is very difficult, especially if it's about the future. - Neils Bohr
My post yesterday - Engineering Jobs, Class of 2026 and Beyond - sparked some questions. Students (class of 2026 high school and those in college that are early in a major selection) along with some anxious parents want to know not just how engineering was doing, but how other fields compared. So here are the actual numbers, by major, before you or your student commits four years and a tuition bill to a course of study. But.... before we get into it the data in this post will age. Check it before you choose and keep tracking it.
Two numbers matter when you pick a major: whether you can get a job at all, and whether that job actually requires your degree. The Federal Reserve Bank of New York tracks both for recent graduates. In early 2026, the overall unemployment rate for new college graduates sat at 5.7 percent. More telling is the underemployment rate, the share working in jobs that do not require a college degree: 41.5 percent. That means nearly four in ten new graduates are serving coffee or managing a retail floor regardless of what their diploma says. The gap between majors on this metric is enormous.
Criminal justice majors face a 67.2 percent underemployment rate. Performing arts is 63.2 percent. General business, the catch-all major, runs 52.8 percent, far higher than accounting at 17.9 percent or business analytics at 27.2 percent. On the other end, nursing sits at 9.7 percent underemployment and computer science at 16.5 percent, per St. Louis Fed data. Computer science unemployment in 2025 ran about 6 to 7 percent, higher than average, but underemployment was low: if you landed a job, it was likely a real one in the field. Unemployment and underemployment pull in opposite directions for some majors; you need both numbers.On the salary side, NACE's Winter 2026 Salary Survey projects these starting averages for bachelor's graduates: computer sciences at $81,535, engineering at $81,198, math and sciences at $74,184, and business at $68,873. Social sciences are the only category where projected salaries dropped, down 1.7 percent from last year. The gap between the top and bottom is real: computer science and engineering graduates start about $35,000 to $40,000 ahead of education, fine arts, and sociology majors, who typically open around $42,000 to $48,000.
Salary rankings and employment odds do not always point the same direction. A college senior in May 2026 expected to earn roughly $80,000 one year out, according to a Clever survey. The actual median starting salary was closer to $60,000. The inflation in expectations is not random: students hear the computer science headline number and generalize. STEM majors do earn more, on average. But within STEM the spread is wide, and geography compresses those national averages fast. A business administration grad taking a first job in a smaller market should expect something closer to the lower end of the employer band, not the $68,873 national average.
Before committing to a major, look up three things. Check the BLS Occupational Employment and Wage Statistics for what similar roles pay in your actual market, not the national average. Ask your college career services office for its own first-destination data: school-specific placement rates beat any national survey for your situation. And check the New York Fed's outcomes-by-major table directly.
Every graduating class generates the same mix of relief and dread, usually with the same absence of specifics. The numbers above will not guarantee anything, but they put the decision on better footing. Four years is a long time. So is forty years of a career built on a choice made without doing a little research.
Bohr is right about the future. Things are changing very fast. Keep running the numbers.
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