Posted on 08/03/2004 4:49:17 AM PDT by Dane
..."This is definitely a transitional year," said Andrea Koncz, a NACE spokesperson. NACE releases its "Salary Survey" quarterly, with the final report for the 2003-2004 recruiting year due in September.
Engineering majors are seeing the most cash, led by gains from chemical engineering graduates who now earn $52,819 a year, up 1.9 percent from a year earlier. Computer engineering graduates are following closely behind with $51,572, but that figure represents a 0.3 percent decrease from last year.
Those graduating with a degree in computer science are seeing heartier increases. According to NACE, information sciences and systems graduates earn $43,053 a year, up 8.2 percent from a year earlier, while computer science graduates make $49,691 a year, up 4.8 percent...
(Excerpt) Read more at money.cnn.com ...
You are spot regarding the flat salaries. We usually get 3% for raises
"spot on"
That's great, but did you have to go and mention John Kerry? :-)
Then again, it is in New Jersey.
"EE is typically same as ME, or real darn close to it"
No, it's lumped in with computer engineering, not ME
Unemployment is at 5.5 %
That is Just about Full Employment. (95% is considered full employment)
Hey guys! My plumber makes more than any of these college kids and my electrician does too and drives a much better car than I do. Even the neighborhood gardener is making at least $50K and I'm sure he pays no taxes on the cash payments. All this after paying for four college educations, room and board and all other costs that make me a good deal poorer. Oh well, it's only money....
Well, actually I had Johnny Edderds in thought - but I suppose it'd apply to Ketchup Kid too...;-)
Full employment is whatever the politicians and Alan Greenspan want it to be.
That's good to hear, and I hear more stories like that all the time. I just hope things get back to the way they were five to seven years ago, when manufacturers were practically throwing prostitutes through your bedroom window to get you to consider working for them.
Our daughter was determined to get a degree in archeology. I explained to her there are few to no jobs in that field, but she went ahead and did it and then could not find a job. I told her to go into marketing, but she refused and then got a Masters in International Relations. Once again, no job. She is now doing marketing on a very low level and wonders why she spent all that time and money for no apparent bennies. I do too, but what's a dad supposed to do when they reach the age of self-determination?
Economists generally consider it 95%
It's arbitrary, no matter who says it. In a perfect world full employment would be determined by the market, which no self-respecting, sprawling government would ever allow.
It's not arbitrary. That is the general figure the market arrives at when unhindered, by other factors.
The 5% is generally considered people transitioning, or market forces changing the enivronment.
Bump for the kids
Are you sure it's not 4.9% or 5.1%?
Thanks, I'll have to point this link out to my son.
I agree and disagree.
Disagree: Education is more than just a financial investment, it should give one a broader perspective, and the attendant ability to enjoy more of life and be more productive.
Agree: Unfortunately, most "higher education" is just left-wing indoctrination and the people who receive it are no more interesting or useful than high school grads, even less since they're four years behind in growing up.
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