CBS Moneywatch recently released a list of the college majors with the highest unemployment rates. Five of the list of 25 majors are related to psychology. “Ironically,” the accompanying article goes on to say, “Psychology is the fifth most popular college degree.” Those numbers are probably related, of course; I try to convince jobseekers that they should consider professions where competition is less fierce. In college, that usually means where the classes are much more demanding. There are always a few seats left empty in advanced Physics classes.
I’m not an economist. They are generally really smart people who do lots of math. They are also the people who make predictions about economic recovery. In this, they have a track record that is roughly the equivalent of mine with winning lottery numbers.