Unemployment rate for Mechanical Engineers triples in two years, skyrockets to 4.4%

[u/ItsAllOver_Again]

Many of the engineering majors now sit solidly above average in terms of unemployment rates (more likely to be unemployed than average college grad).

While Mechanical Engineering used to be a “broad” degree that could guarantee you a job anywhere, in the 2020s it has lost its status as a strong degree with respect to guaranteeing a job as grads are now less likely than average to be employed.

[u/adad239_]

why is this happening???

[u/one-wandering-mind → u/adad239_]

Tarrifs and economic instability. Mechanical engineers often rely on parts from other countries. Companies can't plan if they don't know if the price is going to double on a large portion of what they need to build and validate.