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What's the job market like for Psychology Graduates?

Since an undergraduate major in psychology can lead to many different career paths, the answer to this question is a bit complicated. For individuals who go on to complete doctoral training in psychology, the job market is very good. Some segments of the market are stronger than others (for instance, the need for licensed clinical psychologists specializing in geriatric psychology or neuropsychology is anticipated to be very strong for the foreseeable future). For individuals who seek to enter social service occupations that do not require advanced degrees, the market is very strong, but the pay scale is typically somewhat lower than the average salary scale for college graduates. For individuals who enter the business sector, for which a psychology degree may provide a good liberal arts background, different markets and salaries vary. Individuals who pursue non-psychology advanced degrees (such as psychiatry, pastoral ministry, or masters-level counselor training) will need to explore the market trends in their particular area of interest.