Data from Michigan State University's Collegiate Employment Research Institute projects a 15% increase from last year in hiring across all degree levels - of course this can vary depending on the field of study. New York Times staffer Tara Siegel Bernard reports on the fields that have some of the lowest unemployment rates (nursing, civil engineering, etc.) as well as the field with some of the higher unemployment rates (geography, anthropology, etc.).

The view of the job market also changes when you consider how many recent graduates are underemployed, working jobs that do not require degrees:

The two economists point out that, through good and poor economic times, roughly one-third of all graduates occupy jobs that don’t require a bachelor’s degree. And even during the depths of the recession, new graduates had an advantage: Most weren’t cashiers and baristas. They held higher-paying positions in areas like office and administrative support.

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