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The More You Learn, The More You Earn.

November 13, 2010

Jobs will trickle into the labor market over the next several months, but don’t expect significant improvement until late next year. We’ll recoup the eight million jobs lost in the recession by late 2013 or early 2014. But new workers will be entering the labor force, so achieving a full-employement economy could take much longer. Sadly, even profitable companies with plenty of cash are not hiring until confidence in the economy improves.

Gold Graduate New grads will find the highest demand for degrees in accounting, business administration, computer science, engineering and math. What does a degree pay? Here is a breakdown listed in Kiplinger’s 11/2010 magazine (note the figures are for median salaries):Graduation

Business:

  • Office Management Certificate, $26,952
  • Associate’s Degree, $34,296
  • Business Management Bachelor’s, $57,000
  • Master’s, $75,204

Health:

  • Healthcare (LPN) Certificate, $23,328
  • Physiotherapist, X-Ray Tech, Other Associate’s Degree, $40,524
  • Bachelor’s, $45,549
  • Master’s, $60,276

Computers:

  • Information Management Certificate, $33,504
  • Associate’s Degree, $42,000
  • Information Sciences Bachelor’s, $74,406
  • Master’s, $80,004

Engineering:

  • Drafting Certificate, $36,000
  • Associate’s Degree, $47,000
  • Chemical, Electrical, Civil, Other Bachelor’s, $66,000
  • Master’s, $88,503

If you have a job already look for a raise of 3% or less, on average, but super stars might see 4.5%. Yet, in this economy don’t be startled to hear, “not this year.” At GAI (www.gunwel.com) we can help figure out a budget that works in this tight economy. Give us a call at 212-979-6830 or stop by for a visit. See you soon!

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