However, the employment rate varies significantly by field of study. For example, in 2020, the employment rate for college graduates in engineering was 95.3%, while the employment rate for college graduates in the humanities was 72.6%.
The economy can also affect the employment rate of college graduates. During periods of economic recession, the employment rate for college graduates tends to decline, as employers may be less likely to hire new employees.
In addition to field of study and the economy, individual factors such as qualifications and experience can also affect the likelihood of getting a job after college. For example, college graduates with a high grade point average (GPA) and relevant internships or work experience are more likely to get a job than those with a lower GPA or no relevant experience.
Overall, while the majority of college graduates do get jobs, the employment rate varies depending on a number of factors, including field of study, the economy, and individual factors such as qualifications and experience.