Whenever there's an economic downturn, there are inevitably sob stories printed in virtually every major newspaper about how it's difficult for fresh college graduates to get a job and these human interest stories invariably include an anecdote or two about some specific young person just out of college living at home while desperately trying to find a job and having no luck because the jobs just aren't there. How many times have you read this type of story in the newspaper where the sob story is about a kid who majored in chemical engineering or EE or metallurgy? I've yet to see such an article and I anticipate that if I were to see such an article it would be lamenting that the kid couldn't find a job in their specific major, not that they couldn't find gainful employment somewhere doing something. If you're an employer hiring for the kind of jobs for which a liberal arts degree is sufficient preparation, you'd be a fool to turn down an engineering grad if you were lucky enough to have one who was actually interested in working for you. Your requirements for the candidate are: smart and gets things done. If they can survive the rigors of an engineering school, there's little doubt that they can do the job. On the other hand, if you're a technical employer getting resumes from fresh liberal arts graduates, you're probably going to toss them straight into the trash bin.
Many of them have a 3-2 arrangement with an engineering school. You take the more general science and math courses at the liberal arts school, then 2 years of engineering classes at the engineering school.