University of Georgia [PDF warning] has new research out about journalism graduates:
The percentage of spring journalism and mass communication bachelor’s degree recipients who reported having at least one job offer when they completed their studies dropped in 2009 by nearly 10 percentage points compared to a year earlier. Only 46.2% of the bachelor’s degree recipients had a job on Oct. 31, 2009, which was more than 10 percentage points fewer than a year earlier. The level of full-time employment for bachelor’s degree recipients in 2009 when they returned the questionnaire was 55.5%, which was down significantly from the figure of 60.4% a year earlier. Such a low level of full-time employment has never been recorded since 1986.
I know a lot of people I went to journalism school with failed to find jobs in the field, and are simply doing other things. It’s not good.