Recent college graduates lucky enough to nab jobs are earning even less than their counterparts did a year ago, according to a recent survey.
The National Association of Colleges and Employers said in its quarterly report on salaries that 2010 graduates' average starting salary was $48,661, down 1.3 percent from the initial salaries of 2009 graduates.
People majoring in general studies saw some of the biggest drops in compensation, said Mimi Collins, communications director for NACE. The average offer for them tumbled 17.7 percent to $37,356.
A few industries bucked the trend, however, raising compensation for new hires. Offers for economics majors rose 2.1 percent to $50,885, while those studying finance got a 0.8 percent bump to $50,356.
In the technology field, salaries dropped slightly for computer science majors and those studying engineering. Information sciences grads' salaries increased 5.7 percent, however, to $55,084.
The biggest increase was in hospitality services management, where the average offer rose 10.6 percent to $44,397, said Collins.
NACE received information from the career services offices of 115 colleges nationwide in the nine months through June.
Copyright 2010 The Associated Press.
The San Diego Rescue Mission opened its doors to the homeless community on Saturday for its annual Thanksgiving celebration.
A man died after his body caught fire, police said Saturday. At 11:30 p.m. Friday, police received a call regarding a person on fire in a field near 5200 Pacific Highway in Mission Bay Park, according to the San Diego Police Department.
Hoping for the best but preparing for the worst, local business owners and first responders teamed up for an all-to-real feeling hazard drill on Saturday.
A 5-year-old girl who was abducted from New York by her 32-year-old mother, who does not have custody of the child, was found safe Saturday in San Diego, police said.
Before Saturday, Marine veteran Joshua Ray, his wife and six children had just one vehicle to use for all of their family business, and Ray had to take the train from Oceanside to San Diego every day to get to work.
A sea of pink will travel through San Diego starting Friday for the Susan G. Komen San Diego 3-Day. The 60 mile journey kicks off early Friday morning and ends Sunday evening at the final destination – the celebratory Closing Ceremony.
A man arrested on suspicion of committing a murder in Imperial Beach earlier this week remained jailed Saturday.
Spencer Abbott had two goals and two assists after missing two games and Eric Fehr scored twice in his debut with the San Diego Gulls in an 8-3 victory over the Tucson Roadrunners Friday night.
On Friday, a fourth woman came forward with disturbing allegations of sexual assault by a San Diego County Sheriff’s Deputy.
Malcolm Young, the rhythm guitarist and guiding force behind the bawdy hard rock band AC/DC who helped create such head-banging anthems as "Highway to Hell," ''Hell's Bells" and "Back in Black," has died.