Today's guest post is by Greg Schmalz, president, Schmalz Communications.
According to the latest U.S. Bureau of Labor Statistics published in March, the unemployment rate remains at a hefty 8.2 percent.
On top of that, many are left with paying back hefty student loans. But there’s hope. Hope, at least, for those journalism majors, according to a recent Georgetown University study.
The study reveals that recent graduates with an undergraduate degree in journalism have a 7.7 percent unemployment rate. The unemployment rate for experienced graduates is at 6 percent while people with graduate degrees in journalism have only a 3.8 percent unemployment rate.
Obviously, earnings are commensurate with experience. But media earnings for recent grads are $32,000 annually, according to the study. Salary jumps to $58,000 for experienced college grads and increases to $66,000 for people with graduate degrees.
While the introduction of the Internet has had a dramatic effect on the print publishing industry, journalism is still very much needed from newspapers and magazines to web sites and broadcast.
Beyond the traditional journalism streams, recent graduates can benefit from both written and oral communications skills in the workplace whether it is business writing or presentations.
Plus, these communications skills are easily transferable to other industries such as public relations. In fact, this guest blogger began his professional career as a sportswriter as a freshman in high school. My career path later transitioned to network radio and television, sales and now public relations.
As the Repman often writes in this space, good writing skills are important. Good luck graduates in your job-hunting. And, remember to be resourceful. While there may be a dead end in your chosen field, use your skills and talent in another area. You may be pleasantly surprised.