CSUS, College of Engineering and Computer Science, Career Updates, Sep 04, 2008
"Career Updates" is a weekly career newsletter on topics of interest to the students, alumni, faculty,and friends of the CSUS College of Engineering and Computer Science. To subscribe or unsubscribe to this newsletter, go to http://www.ecs.csus.edu/career and click. SUBMIT ARTICLES: To submit articles for the newsletter, go to http://www.ecs.csus.edu/career and click on"Submit an Article for Career Updates". Back issues are available at http://www.ecs.csus.edu/career. Excellent career and hiring info and help is also available athttp://www.ecs.csus.edu/career. ________________________________________________________________________
There is good news and bad news in the economy right now. Demand for engineering and computer science graduates is holding steady nationwide for the time being. There is cause for concern with the cooling economy, rising oil prices, and the California budget stalemate and budget deficit. First the bad news: Overall unemployment has been climbing for seven straight months. The California Employment Development Department reported that the unemployment rate for the state was 7.3% in August, up from 5.6% just a year ago. That represents a hefty jump. The Sacramento-Arden-Arcade-Roseville Metropolitan Area unemployment rate for the same period is 7.6%. This region lost 9700 jobs in the month of July alone! The national unemployment rate stands at 6.0%. The economy definitely has developed a case of the flu and it may be dangerous to your career to assume that the technical disciplines will not be affected in the longer term. Because there is uncertainty in the economy students and alumni looking to start internships or career positions will need to start early and work fast to get in before the situation worsens, which it very well could. It will take skill to maneuver the job market if there is a significant disruption in the force. Government, the largest employer of civil engineering graduates and a significant employer in this region of all other majors, reported a very large decline over the 30 day period between June 2008 and July 2008, with a loss of 7300 jobs. As a reaction to the budget deficit and stalemate the governor declared a hiring freeze on all state hiring in August. This is worrisome at best. Many engineering and computer science student assistants were laid off as a result of the freeze over the summer. What can you do? It is time to work on getting hired in a good solid place as soon as possible. Taking a career planning class (CE/ME/EEE 194 or CS 192) is definitely a good idea. Watch the job listings, and list of companies interviewing on the ECS Career Services Web weekly. Take advantage of fall job fairs. Join one of the professional organizations associated with your major- IEEE, ASME, ASCE, ACM, SAE, ITE, EWB, CMSA... You will develop the skills that employers are most interested in- team, organization, leadership and communication as well as keeping abreast of the latest technology and professional issues through your association. Here is the good news: The latest information from the National Association of Colleges and Employers (NACE), the Summer 2008 Salary Survey, indicates that the market is still solid for technical majors. Engineering and Computer Science 2008 graduates continued to fare well throughout the summer. Actually, the average salaries for new college graduates across all majors- technical and non-technical continue to climb. According to NACE, “salaries continue to rise in many disciplines, including many that appeared flat in the spring... overall average to all college graduates, regardless of major, has increased by 7.1 percent over last summer’s average for all graduates- $46,387 to 49,693.” The starting average salary for computer science (CS) grads is up 13.1% to $60.416. The offers to CS grads in software design and development came in at an average of $63,965. Graduates as a group in the engineering disciplines gained 6.3% increase in average salaries from the summer 2007 average salaries. with average offers climbing from $53,777 to $57,168. The nationwide average salary offer to civil engineering (CE) graduates increased by 6.4% to $51,632. The nationwide average salary offer to electrical engineering (EEE) new graduates averaged $56,910, 2.9% higher than last summer. Computer engineering (CpE) graduate average starting salaries are at $59,576 up 6.0%. Mechanical engineering graduates (ME/MET) saw a 5.3% increase with average offers of $57,009. Construction management (CM) average starting salaries are at $51,776 jumping 10.3% nationwide from summer 2007. Salaries for CSUS graduates tend to run closer to the 90% as shown on the chart below due to the fact that Sacramento is in the high cost of living area of Northern California and students frequently graduate with major project experience and work experience.
Summer 2008 Salary Data
Source: National Association of College and Employers Salary
Bachelors Degrees
Masters Degrees
* no offers were reported for statistical analysis