NEW YORK (CNNMoney.com) -- Graduates in the class of 2010 are making a little less money at new jobs than those who finished school last year, with the weak economy the prime culprit, according to a report released Thursday.
The National Association of Colleges and Employers said the average starting salary for this year's bachelor's degree recipients dipped 1.3%, to $48,661.
"It's just a simple supply-and-demand result of what's going on the economy right now," said association spokeswoman Mimi Collins. "You just have fewer opportunities all the way around."
Among the fields with lower salaries were psychology majors, whose starting pay dropped 5.6%. Computer engineering salaries declined 2.9%, while history majors' pay was down 2.1%
But English majors enjoyed a salary increase of 7.1% this year, and sociology grads' pay rose 5.7%.
Economics graduates saw their average salary ramp up by 2.1%, while information sciences grads got 5.7% more.
Those with engineering degrees other than computers experienced modest salary increases. Chemical engineering majors' pay rose 1.1% to an average starting salary of $65,628, among the highest for all new grads.
Baltimore Orioles executive John Angelos said he would want President Trump to apologize for all the offensive comments he's made before he's invited to throw out the first pitch at Camden Yards. More
How's the economy doing? The answer may depend on whether you voted for President Trump. The University of Michigan's consumer sentiment index on Friday showed an "unprecedented partisan divergence" on feelings about the economy. More
In 1998, Ntsiki Biyela won a scholarship to study wine making. Now she's about to launch her own brand. More
New York Republicans want to make sure students at private colleges get more help paying for college, too. More