{"id":521132,"date":"2010-04-08T12:18:50","date_gmt":"2010-04-08T16:18:50","guid":{"rendered":"http:\/\/blogs.wsj.com\/economics\/2010\/04\/08\/2010-college-grads-face-lower-salaries\/"},"modified":"2010-04-08T12:18:50","modified_gmt":"2010-04-08T16:18:50","slug":"2010-college-grads-face-lower-salaries","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/521132","title":{"rendered":"2010 College Grads Face Lower Salaries"},"content":{"rendered":"<p>The latest side effect of the poor labor market for new college grads: Lower salaries.<\/p>\n<div class=\"mceTemp\" style=\"text-align: left;\">\n<dl class=\"wp-caption alignright caption-alignright\" style=\"width: 262px;\">\n<dt class=\"wp-caption-dt\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5\" src=\"http:\/\/online.wsj.com\/media\/college_D_20091201085025.jpg\" alt=\"\" width=\"262\" height=\"174\" \/><\/dt>\n<dd class=\"wp-caption-dd wp-cite-dd\" style=\"text-align: right;\">Getty Images<\/dd>\n<dd class=\"wp-caption-dd\" style=\"text-align: left;\">Few jobs and low salaries, a distressing combination.<\/dd>\n<\/dl>\n<\/div>\n<p>Those who are graduating in the spring and land a job will see average starting salary offers fall 1.7% from last year to $47,673, according to the <strong>National Association of Colleges and Employers<\/strong>\u0092 <a href=\"http:\/\/www.naceweb.org\/Press\/Releases\/Starting_Salary_Offers_to_College_Class_of_2010_Decline_%284-8-10%29.aspx\">spring salary survey<\/a>. The survey is based on data from college and university career services offices for students graduating with bachelors degrees.<\/p>\n<p>To be sure, that average salary doesn\u0092t apply to all types of graduates. Depending on their career path, some are much better &#8212; and much worse &#8212; off than others.<\/p>\n<p>Those with computer-related degrees are expected to see one of the largest increases in offers &#8212; rising to $58,746, on average, 5.8%, higher than a year earlier. For computer-science majors, offers are 4.7% higher for an average salary of $60,426.<\/p>\n<p>Engineering graduates are also better off than last year, led by salary increases for electrical, chemical and civil engineers.<\/p>\n<p>Meanwhile, as Wall Street continues to gain strength, starting salaries rose for finance majors to $50,546, up 1.6% from last year. Offers for accounting majors are up slightly as well.<\/p>\n<p>Those with liberal arts degrees are among the worst off. Their average salaries have fallen 8.9% from last year to $33,540. But graduates with business administration and management and marketing degrees are in a tough spot too. Salary offers for business administration and management grads are down 8% to $42,094. And offers for marketing graduates fell 2.1% to $42,710.<\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/aTKrUzvUgQZl5dsP1RubUJxhU6Y\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/aTKrUzvUgQZl5dsP1RubUJxhU6Y\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/aTKrUzvUgQZl5dsP1RubUJxhU6Y\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/aTKrUzvUgQZl5dsP1RubUJxhU6Y\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=s5zR9e8S6MI:HcEttJ3__M0:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=s5zR9e8S6MI:HcEttJ3__M0:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?i=s5zR9e8S6MI:HcEttJ3__M0:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=s5zR9e8S6MI:HcEttJ3__M0:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?i=s5zR9e8S6MI:HcEttJ3__M0:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=s5zR9e8S6MI:HcEttJ3__M0:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/wsj\/economics\/feed\/~4\/s5zR9e8S6MI\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest side effect of the poor labor market for new college grads: Lower salaries. Getty Images Few jobs and low salaries, a distressing combination. Those who are graduating in the spring and land a job will see average starting salary offers fall 1.7% from last year to $47,673, according to the National Association of [&hellip;]<\/p>\n","protected":false},"author":850,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-521132","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/521132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/850"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=521132"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/521132\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=521132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=521132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=521132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}