Starting salaries climb for Class Of 2013

(CNN) - Graduation Day isn't the only reason for the Class of 2013 to celebrate.  There's a promising development in the job market that could boost their first paychecks.

The Cass of 2013 will be graduating into a higher-paying job market.  Here's a closer look at what to expect. The average starting salary for new college graduates earning Bachelor's Degrees has increased by 5.3 percent over the last year to $44,928, according to a new report by the National Association of Colleges and Employers. That's more than a $2,000 increase compared to the 2012 average salary. But some college majors will fare better than others.

Health sciences can expect the biggest gain with a salary bump of 9.4 percent. Followed by business, education, computer science and engineering majors. Graduates with degrees in humanities and social sciences will get the smallest increase-- a mere 1.9 percent gain. It's well below the average but still a reason to celebrate.

So far this year, the job market has looked pretty promising for the 1.5 million college seniors set to graduate -- despite recent signs of weakness in the larger U.S. labor market.


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