Which major has the highest unemployment rate? Choosing majors with challenging job prospects is a common concern for many students during the university and major selection process. The current social situation sees a significant number of graduates each year, posing challenges for employment opportunities. Therefore, actively selecting universities and majors with high demand for development and hiring is crucial. Discover the objective assessments of which major has the highest unemployment rate below for an unbiased understanding.
Which Major Faces the Highest Unemployment Rate?
Which University Has the Highest Student Unemployment Rate?
1. Education Major
The field of education is currently one where graduates face challenges in securing employment. From primary to high school teachers, every year, thousands of education graduates struggle to find jobs. The saturation of training programs and high enrollment have led to a surplus of education graduates, making it one of the majors with the highest unemployment rates for fresh graduates.
2. Accounting - Auditing
3. Accounting - Auditing
Accounting and auditing are currently experiencing an oversupply of workforce. A few years ago, this field was highly sought after due to its high job placement and salary. Consequently, a surge in enrollment occurred, leading to numerous educational institutions offering accounting and auditing programs. This resulted in a yearly influx of graduates struggling to find employment. Thus, which major has the highest unemployment rate invariably includes accounting professionals.
5. Finance - Banking
Finance and banking is a major with a large enrollment nowadays. Almost every university has expanded its finance and banking department, leading to a significant number of graduates entering the job market each year. However, the demand for positions fails to keep up, resulting in a high unemployment rate among finance and banking graduates.
5. Bachelor's in Business Administration
Business Administration is prominently featured in this category. Despite being a popular major in recent years, the oversaturation of training programs has led to low-quality education. As a result, many business administration graduates annually enter the job market, with only a small percentage securing employment, while the rest face unemployment or end up in unrelated fields. Consequently, the focus on quality education is essential for the development of the economy in business administration and other fields.
7. Bachelor's in History
Currently, history is a field with minimal recruitment. Despite the abundance of history programs offered by educational institutions, the majority of history majors find it challenging to secure employment. Even those with a master's degree in the field often face unemployment.
8. Bachelor's in Film and Theater Industry
Film and theater is a unique industry. Training programs for actors in film and theater at institutions such as film and theater schools and cultural and artistic colleges produce hundreds of graduates each year. However, not everyone has an easy opportunity to land a role in a movie, especially considering that Vietnam's film industry is not as developed as in other countries. This situation leads many graduates to pursue careers outside their field.
9. Additional Resources for Career Guidance
