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Hey everybody -- Lawrence in -- Eddie thanks for joining us on his career accelerator Tuesday on at the end live on foxnews.com.
Live with -- kick things off right now with Christina -- A career expert and author joining us via Skype from Kentucky.
Talk today about graduate degrees an awfully expensive and more often and not.
Don't pay off not worth the investment in that case it isn't like everyone's going back to graduate schools -- -- -- out.
Well it -- Think it's.
-- -- -- -- -- -- -- -- -- You know we really need to look at.
Whether they're going to pay off for the individual.
I don't talk about graduate degrees agencies in terms of the sixth and -- especially don't capture individual circumstance.
It's important to really look at that stuff so -- that the graduate level is really we're getting into trouble in terms -- A very often undergraduate that is reasonable but it's when you pylon not graduate degrees outlawed -- that that can become really overwhelming it was a lot.
Well let her alone.
Yet -- -- default.
Rates are astonishing right now 76 billion dollars.
Went into default -- here for is some prospective that.
That number is actually greater than annual tuition and every two and for your public university in the entire United States but I digress.
When she tells Christina about the five graduate degrees the five top ones I really don't pay off in the end.
OK so -- all the inspiration well from the age Georgetown University study aren't graduate degree programs and when we look at BA degree program.
I it it's really important to note that all of that is looking at is the fouling jump between about your degree and math degree rubble.
So we're not thinking invigorate our worthless but we are saying that when you're deciding you know whether to go -- -- graduate degree and salaries.
Typically -- the very small goal and that's not always going to be the case for every individual but on the whole.
Indeed happen to be the degree is where you know the salary -- is really not as huge and the first born and surprisingly it's really at the -- -- stay level so fine arts.
Unsurprisingly this nonsense and you don't we'll write about -- -- and a master's degree obviously in the field.
Very very very -- a lot of the -- job is based on you know your body of work and our industry connections and much more so than a formal.
Education added dose cranes when you get the bachelor's degree in something to do it then fine -- that I guess if you go further with that degree today.
Coombs has been more I got it that well -- Does the -- your -- and there's only about it.
I don't think shock anybody I think what does shocked people is that the typically computer engineering doesn't have bad.
That big that -- hike either OK I didn't feel that about 60%.
I don't think -- all out but when you look at it compared to other degree program.
For example and biological life sciences and -- -- at the school jump of about a 101%.
At 16% really looks failing miniscule.
And we think that there -- even for those.
Number one experience rules and as the Russians to employers.
Already know that you learn because.
Through engineering program in many cases people who profit professional engineering a licensing exams well.
What they really want it is what you can build -- that you have a track record of working for great employers dump another reason to minutes of the -- really value diversity.
A lot of companies would prefer that you could that you have a masters in business or management and project management might -- -- -- A master's in computer engineering.
Right you're right that when -- definitely surprised me on this list -- -- here well my business or business to PR advertising in mass media.
I never liked apple for it just just -- out there.
And as you know you know this is an industry that really -- a huge hit during the economic crisis now.
I think in a lot of areas saying that that recovery happen oh -- was obviously would affect those.
It wasn't within an industry where you know what you Don -- a lot more -- that actual formal education.
An exception that I could be accumulate a master's degree to break into the field.
-- -- you have experienced another fielding -- really using helicopters to break and you know that could very well obvious circumstance we're having that master's degree you know is is your -- entry and had a really pay off.
Otherwise you know as an engineering master's in business administration or management -- preferred -- warning communications.
It really depends on your employer and you know what they're looking for.
And right here you have a law degree from a fourth tier school.
So what if we can't go to Harvard don't bother become an attorney who -- -- -- you -- -- and you need to think about it our third my mom and you know you can you can go to law school and you know regardless.
You know where you what you can really come out and not okay but that's not that -- here.
You know study by the national position at the national position while placements.
Survey last year's show that only 80% working in the field which is break 80% of the great number.
However among the people that we're working ninth or -- -- on non legal.
Capacity and an additional 11% or working part I that really tell -- that the top position they're being reserved.
The students who have been brave intern ship and really that name brand education.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 10250000.
Dollars and it does so.
It's an area where you need these are not saying don't go along well I'm just saying -- requires that.
That -- you know having.
A degree and lives as you saw across a wide range of fields.
As well which is probably one of the reasons why so many people are are going to get their law degrees right now and finally you have meteorologist.
Yeah holiday really surprised about the opponents well and when the president of the number of jobs in the field that require a masters or Ph.D.
But what we're finding in that field is bad the largest employer.
I'm meteorologist -- the -- government at the private sector.
And many of the jobs don't acquire at a probable victory not a -- But many the most the biggest jobs are at research jobs and those require PH is I think it was his masters.
Alone is really attending to fall certainly didn't Anderson Valley -- the -- alone -- that -- off.
A -- -- Ph.D.
could -- Critical on all of this on foxbusiness.com.
Right now we'll show everybody the article if you want more information and really quickly -- I want -- -- if you could answer in twenty seconds a -- -- coming from Johnny -- He says what about alternative education at the graduate level trade school certificates what do you think about those to those past.
I know I.
I'm not -- -- isn't enough I think anything -- daily and it takes care eventually you know build up your education is phenomenal and keep you out of bad.
I think that it's an area -- bad.
I -- gave -- -- -- really haven't looked at nearly enough.
Christina thank you so much author and career expert thank you for bringing -- -- -- useful.
Tips and enjoy your -- and can play here -- -- said it.
All right we're gonna go straight down to Atlanta right now where we have Fox Business dot com's annaly Driscoll.
Joining us family.
Aren't our AM yeah tell you everything -- graduate yourself.
Graduated in 2008 so that it's not about everything -- you've got four years under your belt what are some tips that you know.
Out that your writing about for recent college -- out there.
Well I know that the job hunt can be kind of daunting for a lot of crap especially.
-- from 200920102011.
And now 2012.
And it can be kind of disheartening sometimes if you're looking and feel like you can't find anything so there's some great ways that grads can stay fresh on their job -- is okay.
Make the -- on a full time job is that number one.
Absolutely I'd just like a regular 95 jobs that you want -- and go after your job -- with commitment -- with time and energy and on and this is that this is where a lot of people run into getting -- out so it's easy to -- -- out on this -- wanna take breaks -- you also -- -- stay productive -- taking -- -- Some by doing that you can get reorganized you can kind of re strategize your job client.
Stay current on all kinds of industry news as much as possible and also reach out -- -- professional network they're going to be really detrimental in this whole process.
And -- look out for a different types of advice or or support that they may have -- -- Now when you say reach out to your person on network do you mean may be called on sent an email are actually.
Pound -- -- can't and go meet them in person.
Well that's negative ten obviously on every different situations.
A great way to reach out to them as -- -- and just thinking now -- you don't want to be.
-- too overbearing -- you want to let them know that you're out there you're searching and you know how to support group in your professional network.
-- only one of the tips we have here for how to stay current and stay fresh in the job market is getting any job experience but -- -- used to be very disconcerting to many people they say -- we went to school.
Four speech therapy and I will only be -- speech therapist what is stated that mentality.
I think any type of job experience especially in a tough job market like it is now it is great experience when their at bats doing freelance -- whether you're volunteering.
Five intern -- a lot of people think -- internships are just for college students but graduates can find a lot of value and that is while any type of quantifiable experience that you can talk about it resonate that you can talk about an -- you perhaps going to be -- It's a great time to get an intern ship now a lot of companies are kind of cash strapped.
They may have hiring freezes so.
Becoming an intern is not Allan good way to get your -- adoring -- industry contacts that you lost and they have the opportunity.
Do a little bit more of hands on work than you would think a regular entry would be and recently I was paying your bills mom and that at that point.
Well hopefully you can maybe find a part time job that you're able to kind of stay afloat and keep keep your eyes and ears in Atlanta payments intact and hope my mom and I can help -- -- a little bit but just be working always constantly towards getting more experience and getting yourself.
Out there -- you know I'm really from just the people that I knowing in my personal life it seems like friends and family in in their early twenties or more.
Willing says you do different job or do something and related.
But it's when your in your thirties -- stories in many cases that people be come a lot more adamant that they want to use their job skills and to their -- -- our profession they're not as willing to compromise and I know is I think of this segment that we do every Tuesday and I say I say of them it's you know it's a tough job market you -- Gotta do what you have to -- but I am noticing a difference with the generations.
And what they're willing to compromise on.
Absolutely and a great way to kind of become a little bit more -- stay updated and their field -- to go back.
And maybe get some certification.
And whether that's computer programming certificates for even photo -- these kinds of skills can really.
Healthy safe -- can add something you care -- -- I you can often find them for low cost -- for free -- on you can do all kinds of Google's Google searches to find these things begin.
You know it's also a great idea to look.
Online media company web sites are linked and at positions you that you're striving -- to see what kind of skill set that calendar their ballots.
Can see -- what's required for that industry.
Yet that's an excellent point and you have here and like create a positive online presence is that what you mean by using.
Linked in excess Charl or or maybe better establishing year.
Maybe having a website or a personal outsiders and things.
It kind of covers the spectrum of that links and it's a great wolf for a lot of graduates use but also even FaceBook and Twitter it's always a great idea.
Just a how to -- -- all clean up profile but you can also really use that to your advantage whether that's creating a blog or.
Showing an employer how you felt a web sites on -- players are really.
Looking for crowds here are very tech sat me were able to -- their social media skills so you sat here and it's -- and then pick on you for a second concedes senate this started his conversation that you graduated in 2008 which was the height of the financial crisis.
So how did you get -- indeed a wonderful reporter that you are what's your story what did you do.
Well I was lucky enough to you have an intern ship with Fox News in DC I worked for -- -- which is a great experience and after graduation and I was able to work for Merrill Lynch -- a private investment group.
And I just kept trying to you we don't my land the journalists and industry -- vehicle sales.
Get a chance to do that went to Fox Business in new York and got to meet with some great -- thing.
Hearing won't look very Gump got the intern ship made the connection is built on -- Who you know.
An hour and we have a success story okay annaly Driscoll thank you so much for joining us from our Atlanta.
Bureau will pull up your article right now graduated but still on the job hunt -- to stay fresh saint -- and DSL senior -- in 23 million people looking for jobs today you can do whatever you want -- being in the right place at the right time.
AKA luck is your best -- while we have to figure out ways to increase our luck and I'm totally with you there.
Right doctor -- -- next we're going to be talking about -- who you know network.
And we'll be back after break stay with us.
Welcome back to career accelerator right David Larson is writing -- how it's funny that the politicians only talk and -- going to college.
And it seems they don't want Americans in the trades anymore and I'm gonna make a prediction I have -- feeling.
That the trades and vocational schools are gonna come back and they are coming back pretty did right now.
Because college isn't for everybody it's awfully expensive and often times you can do something maybe considered simpler -- less complicated.
And make more money so that's my prediction right now doctor woody.
Thank you for joining -- do every Tuesday.
We're talking about how to -- the pre you know an hour -- Yes they had to piggyback on a little bit of what Emily was saying before the break is.
It is success in both the job hunt.
In the business world is really about who you -- and the job -- always been about who you know but also you got to remember that when -- hit into the job and career.
You can't let those networks -- because those are critical to your future success for me never -- and get let go you know.
It's always big question mark so keep building the network always keep building and I think the biggest mistake that -- -- people do is they get blinded in their jobs and their careers.
And they continue to narrow their networks down and they looked at lapses don't continue.
To go up and -- those networks build those relationships beyond just the bounds of their past guilty as charge so help me out here.
How do you -- I will do our.
Yeah I'm a big believer in immersing yourself.
In the world of those who do what you want to do you got what you want are today.
Yes not just what you are doing but also where you want to -- get a mixture here around those people and yeah viewer who made a comment earlier -- via Twitter about you know it's all about luck.
No issue aptly noted you create like you put yourself in those positions.
And the key to putting yourself in those positions is figuring out.
How to find the people they're doing what you want to do and so the first -- I would say is start with identifying your targets Democrat.
Think about who are the people in your primary industry first of all.
So that which would what you did as a from -- organizational psychologist citizen my sort of nice little group.
-- also think about.
Who the players in related to history so at least figure out three different industries related to -- and where you -- cross paths with or you might be a fit.
It now we're somewhere in the future right so for me it's organizational psychologist the world and with the right -- -- know the players in that game locally and nationally.
But beyond that I have to operate outside that bubble.
The public saying while British and -- saying -- television -- it -- act like you -- player box but also in in the training world aren't human resource itself.
Make -- you expand your horizons and cast a -- -- -- that's person identified.
This critical it's OK got it.
Then tap your family and friends yes spamming friends discount that the Democrats just get it -- the family and friends network -- Think the reality is this is go to the people who are most likely to want to help you out and start with them so I would hope that your family and friends.
We want to help you -- to right maybe not necessarily I don't know.
An issue for you didn't you make it there.
I get a lot of resonates from people on a lot of inquiries but when it comes from my dad and he says my boss -- -- do this it's like doing.
And then I get -- get from family.
And -- you feel more obligated to the AT&T you want to make sure there's people who are your closest airport network first.
But also it's important to educate them.
All too often our family our friends are people we know well.
Don't really know a lot about what we do they have like -- my dad -- that so if there right so it if they're not educated and understand.
Right sort of the looking for you.
I got it.
And then social -- Governor pound -- this is I always authorities are I have to tell you something okay -- not -- -- but everybody should that stuff 34 point 5%.
Of the US population.
-- not on FaceBook or whether.
And that is that.
His shocking and the real -- you know when it comes to.
In the professional world is really -- did moon and -- stock consumer pileup yeah and it there.
It's really the online professional resonate but especially if you are trying to branch out.
Into new networks or -- that you're moving to a new town -- new place.
Linkedin is an incredibly powerful tool if you spend the time to learn how to use it.
And even and for -- actually just didn't give examples is that.
When I first of the New York City I -- -- that -- has spent hours every day on Linkedin and just trying to figure out who like that to who I know.
Because you can do certain advance stretches and if I travel to the city.
Unlike him and be speaking you're doing work somewhere I was get online on -- and I type in that Harry good to see who I know there.
Our -- come to see you I know in that area unscheduled meetings.
-- picked up three we look -- into the future article about this topic from you on foxbusiness.com.
And with that we're gonna take it.
Fox news's John Roberts joining us from our Atlanta -- hey John.
Hey good morning to learn how are you good morning so tell us about this -- survey that job openings and labor turnover.
Survey from the Labor Department.
Yeah you know that they typically.
From the BLS the Bureau of Labor Statistics with the government.
We here but the unemployment rate that comes at the first Friday of of of the month we know that unemployment was eight point 1% 96000 jobs were created.
But this jolts report this job openings and labor transition survey found that across the country at the end of July -- last -- July.
There were three point seven million jobs open.
Say say OK well aware of these jobs open because I'm not seeing them in my -- A lot of those jobs from places like South Dakota where we travel to last week and we found 111000.
Jobs are unfilled that is they cannot find people.
To fill those jobs that there's a couple of reasons first of -- what people don't wanna move to wide open space like South Dakota even though it's a lovely place to live it.
5% they've got no state income tax.
And a lot of other great things about that state and then there's -- skills gap -- well a lot of people just don't have the proper skills for the jobs that are available Bruce -- equally.
Is the CEO of trail king which makes.
Certain types of trailers for construction industry for for hauling things he says that he's got a number of jobs that are are open -- he just cannot find people for.
Here's what he told us.
Anybody has got skills.
They want a job they can get a job tomorrow.
They can change jobs it's very easy the unemployment rate is essentially zero for people want to have a job.
You know they they have tapped out the local market and now -- they're forced to look nationwide to fill jobs for let's say.
Welders for example.
Is there in South Dakota I knew I had made a move because there's no it -- -- primary April our campground.
You know the schools were in bad shape.
That was a -- and Abraham king used to be a worker Chrysler and Rockford Illinois to -- -- back in 2009.
Since any hadn't been able to find a job he was even forced to sell -- car for cash -- saw that there were some job openings in South Dakota.
At trail king he moved out there -- says it's the best thing that's happened to him in a number of years and there are a number of companies out there.
Where the economy is booming that literally cannot find the people.
Governor Dennis -- guard has partnered with manpower is -- manpower five million dollars to recruit people from across the country.
He's hoping to fill a thousand of those jobs with that program.
Which would still leave 101000 job -- he's worried that if companies can't find the people to fill those jobs that may blunt the economic growth recovery or or even worst -- For some of these companies to move out of South Dakota and closer to population centers with a workforce -- large.
That would not be good news what us average salary -- you know there South Dakota -- Yet salaries tend to be a little lower in South Dakota -- because it is away from any major city you know big city there is -- here really but.
Again there's no state income tax cost of living there is very -- the average price of -- home.
Is about a 136000.
Dollars so your dollar goes a lot further in South Dakota that it would -- -- like mission.
I'm so happy I can upsets could actually be able to buy a home -- perfect yeah the only the only drawback the only drawback is -- A little bit I don't imagine I -- North Dakota.
In the fall and I was freezing thank you so much for joining us and -- you everybody for excellence in this Tuesday edition of -- accelerate.
Lawrence -- to meet me at some -- Lauren.
And thank you for watching -- power play is next we'll see back here tomorrow with our small business.
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