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College Hiring Outlook: Fewer Jobs for Class of 2010 Employers say they’ll cut new college grad hires by 7 percent. Employers expect to cut back on their college hires again this year, according to a national survey conducted by the National Association of Colleges and Employers (NACE). Overall, employers report hiring 7 percent fewer Class of 2010 grads than they hired from the Class of 2009. (Not that the Class of 2009 had an easy time of it: The economy nose dived in October 2008, and employers slashed their college hiring, employing 22 percent 2009 than they hired from the Class of 2008.)
Most employers characterize the job market for Class of 2010 grads as “fair,” although government employers assessed opportunities in government for new grads as “good.” Hiring projections do vary by region, but, for the most part, the news isn’t good. Employers in the Midwest (down 3.2 percent), Southeast (9.9 percent), and West (down 37 percent) all report cut backs. Among the regions, only the Northeast has a positive outlook (up 5.6 percent). (See Figure 1.)
Who’s in Demand Although there are fewer opportunities, many employers are hiring. Who are they most interested in? Is your major among the most sought after? What if you're not a sought-after major? And what criteria do employers use to select employees? Find out what employers have to say about GPA, internships, and key skills.
5 Secrets to Job-Search Success Wouldn’t it be great if you could push a button and get the job of your dreams? Unfortunately, it doesn’t work that way. Even in a great job market, finding a job is work, and in a tight one, you need to do everything you can to give yourself an advantage. But don’t despair: There are five things you can do that will help position you for job-search success. Early Results Show Salaries Slipping for Class of 2010 It’s early, but starting salaries to the Class of 2010 have slipped. Overall, the current average salary offer to a Class of 2010 bachelor’s degree grad is down 2 percent from last year. Get a look at what’s happening with salaries now for a variety of majors across the country. Social Networking—5 Ways to Make It Work for Your Job Search Who doesn’t take part in social networking? It’s fun and a great way to stay in touch with friends and family. But it can also be a part of your job search—if you know how. |
