Is the College Job Market Starting to Thaw?

More good news on the undergraduate job front: the latest polling results indicate that employers plan to make big increases in the number of college students they hire this year, both for permanent full-time jobs and internships.

The National Association of Colleges and Employers (NACE) is reporting that employers now expect to hire a whopping 21 percent more new college graduates this year than they did last year, up from an expected 13.5 percent increase reported in August. The survey concerned undergraduate hiring only; it covered all majors, not just business.

At the same time, NACE says surveyed employers plan to hire 7 percent more college interns for 2010-11 than they did for 2009-10, with 93 percent of employers saying they planned to hire interns this year. Salaries for interns will remain stable, NACE says, with undergraduates earning an average of $16.68 an hour and graduate students earning an average of $24.21.

NACE didn’t report which industries are generating the demand for interns and full-time hires, and which majors will be the big beneficiaries. If you’re a college student (or recent graduate) in the market for a summer internship (or full-time job) let us know what you’re seeing on the job front—continued bleakness or signs of a thaw.

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Categories: College Graduates, College Students, Internships, Job Hunting Strategies

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4 Responses to “Is the College Job Market Starting to Thaw?”

  1. If you haven’t applied for a summer job, start today or you may miss out. Use the advice Jim has given in his past articles to find who is hiring and network with others to find a summer job.
    Gary Gile recently posted..One Important Aspect in Starting a New Business

  2. Hey Jim, good info for the nervous grads entering the the ‘career market’. I have my own theory, but what do you think is advocating the projected increase in college grad hires. Thanks again for your endless research and insight.

  3. This is good news indeed. Gary is right on the mark when he says to start looking now and to use your network to get ‘inside’ news on who is hiring in your area.

  4. I’m not seeing it. There are jobs in sales, customer service and for receptionists unless you have a good degree (with skills, computer science health etc) or connections. For someone with goals more specific than mentioned, its made more sense to consult than settle for being a receptionist.