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Workforce Readiness: What Psychology Graduates Need to Know About the Job Market

R. Eric Landrum , PhD Department of Psychology Boise State University Psi Chi Symposium: Finding Employment with an Undergraduate Degree in Psychology Midwestern Psychological Association May 2, 2008 Chicago, IL.

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Workforce Readiness: What Psychology Graduates Need to Know About the Job Market

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  1. R. Eric Landrum, PhD Department of Psychology Boise State University Psi Chi Symposium: Finding Employment with an Undergraduate Degree in Psychology Midwestern Psychological Association May 2, 2008 Chicago, IL Workforce Readiness: What Psychology Graduates Need to Know About the Job Market

  2. Psychology Degrees Conferred in the United States, 2005-2006 • Doctoral: 4,921 • Men: 1,347 • Women: 3,574 (72.6%) • Master’s: 19,770 • Men: 4,079 • Women: 15,691 (79.4%) • Bachelor’s: 88,134 • Men: 19,865 • Women: 68,269 (77.5%) • Associate’s: 1,944 • Men: 446 • Women: 1,498 (77.1%)

  3. Psychology Degrees -- National Trends In 2005-2008, 88,134 graduates

  4. What Employers Want: Top 20 Qualities, Skills, and Abilities • Listening skills • Ability to work with others as part of a work team • Getting along with others • Desire and ability to learn • Willingness to learn new, important skills • Focus on customers/clients • Interpersonal relationship skills • Adaptability to changing situations • Ability to suggest solutions to problem • Problem solving skills • Ethical decision making • Critical thinking • Ability to see the big picture • Flexibility/shifting gears • Being able to identify problems • Working smarter to improve productivity • Timely decision making • Time management • Problem-definition skills • Personality

  5. Possess self-discipline (including punctual attendance and dependability) Act responsibly and conscientiously Work well with others Meet the needs of others, such as clients or customers Set priorities and allocate time efficiently in order to meet deadlines Identify, prioritize, and solve problems Make defensible/appropriate decisions Possess the ability to work without supervision Work independently Manage several tasks at once Top Workplace Expectations According to Psychology Alumni

  6. Compared to when they graduated, psychology alumni feel • MORE • Confident • Independent • Mature • Assertive • Valued • LESS • Shy • Resentful • Sad • Dissatisfied • Defensive

  7. There are a variety of estimates available. These are STARTING SALARIES: • NACE Fall 2000: $28,811 • NACE Summer 2001: $30,388 • NACE Fall 2001: $29,952 • NACE Fall 2005: $30,073 What Can You Get Paid with Your Bachelor’s in Psychology?

  8. Estimates of Average Annual Earnings and Synthetic Work-Life Earnings for Full-Time, Year-Round Workers by Educational Attainment

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