Surviving the post-employment economy
No one wants to pay for work.
Changing your major will not change a broken economy.
In the United States, nine percent of computer science majors are unemployed, and 14.7 percent of those who hold degrees in information systems have no job. Graduates with degrees in STEM - science, technology, engineering and medicine - are facing record joblessness, with unemployment at more than twice pre-recession levels. The job market for law degree holders continues to erode, with only 55 percent of 2011 law graduates in full-time jobs. Even in the military, that behemoth of the national budget, positions are being eliminated or becoming contingent due to the sequester.
It is not skills or majors that are being devalued. It is people.
Academics face particular derision for their choice of profession. "You got a PhD - what did you expect?" they are told when they note that 76 percent of professors work without job security, usually for poverty wages.
It is true that the academic job market has been terrible for decades. But until 2008, PhDs could have expected more. Since 2009, most disciplines have lost roughly 40 percent of their positions, while the backlog of qualified candidates continues to grow. Most PhDs work as adjunct faculty or in the new euphemistic sectors of high-brow impoverishment: "non-stipendiary fellow", "special assistant professor" or "voluntary development opportunity".