Employment Outlook Brightens for New College Graduates
There is welcome news for recent college grads on the job front. When the class of 2012 finishes this spring, employers say they will hire 10.2 percent more new college graduates than they did from last year's class, according to the National Association of Colleges and Employers Job Outlook 2012 Spring Update.
The outlook is improved from September, when employers projected they would hire 9.5 percent more graduates in the spring.
Just how rosy the job market will be depends on what students study in college, research from Georgetown University shows. Business, engineering, and life-science majors will likely be among the most sought-after graduates by employers. Pay also varies by field of study, researchers have chronicled.
For the NACE survey, 160 (or 16.9 percent) of member organizations that hire new college graduates participated from Feb. 8-March 19. About 24 percent of respondents are from the Northeast, 31 percent are from the Southeast, 33 percent from the Midwest, and 11.3 percent from the West.