As college graduation approaches for students nationwide, FOX Business decided to explore which entry-level jobs offer the highest pay. This inquiry coincides with a noticeable slowdown in U.S. job growth recorded in April.
While it’s not surprising that a primary care physician takes the lead with a median salary of $130,000, other top positions include pharmacist, software architect, product manager, and software engineer, all boasting median salaries ranging between $100,000 and $120,000.
Glassdoor’s analysis reveals that various consulting and engineering roles also rank among the top 15 positions in terms of pay.
To determine the most lucrative roles, Glassdoor examined U.S. median salaries reported by employees with three or fewer years of relevant job experience. Each job considered had at least 75 reported salaries submitted to the firm between May 1, 2023, and April 30, 2024.
This data collection period coincides with indicators suggesting a potential slowdown in the labor market, as reported by U.S. Bank, citing a modest decline in job openings in recent months.
In April, the Labor Department reported an increase of 175,000 jobs, falling short of the 243,000 gain forecast by LSEG economists and marking the weakest month for job creation since October.
U.S. Bank noted that this figure could indicate slower economic growth.
While the unemployment rate slightly rose to 3.9%, it has remained below 4% for 28 consecutive months, making it “the longest stretch of sub-4% unemployment” since 1967 to 1970, according to U.S. Bank.
