Friday, October 23, 2009

Job outlook brightens for college grads

Koc added that most sectors except government are planning to hire more graduates. Among those sectors are: health care, pharmaceuticals, engineering, computer science, manufacturing and retail.

Government is scaling back, Koc said, a trend stemming from state and local budget cuts.

The survey reflects input last month from 80 employers across various industries, Koc said. About half said they planned more college hires, while 10 percent predicted less.

NACE research is also showing employers are recruiting more aggressively at college campuses. The organization's recruitment activity index reached 117.7 in October, up from 92.6 one year ago.

NACE Executive Director Marilyn Mackes said in a statement the rise in recruiting "shows how far the job market for new college graduates has come over the last year."

But Mackes warned against jumping to overly optimistic conclusions.

"It's important to recognize that the job market still has lost ground to make up, and it is early in the recruiting season," she said. "Employers are watching the economy and their hiring needs carefully, and that means we also need to monitor their projections on an ongoing basis."

A panel of economists has concluded the recession ended in June 2009, though hiring across the entire economy has been weaker than a typical recovery.

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