Wednesday, May 26, 2010

Better job market for college grads

Job market's silver lining

This post was written by Lyra Manning at

The job market for recent college grads is improving slightly, according to a survey by the National Association of Colleges and Employers.

NACE’s 2010 Student Survey shows nearly 25% of 2010 graduates who applied for a job have one waiting. Additionally, employers surveyed said they plan to hire 5.3% more new college graduates than they did in 2009.

“It’s been hard, but a lot of them have found jobs. It’s just a tough market,” said UNC Graduate Jesse Snellings, who landed a job before graduation.

Amisha Wood graduated with a Masters Degree in Social Work, and is deciding between two offers. She says she expanded her search to have more possibilities. “Some of my fellow classmates are limited in their options – strictly to Charlotte – and I kind of branched out and went to the outskirts of Charlotte,” she said.

Students who majored in the following categories are more likely to get and accept offers, according to a NACE study: Accounting, Business Administration, Computer Science, Engineering, and Mathematics.

While the employment numbers for college grads are up slightly, starting salaries are down from last year. NACE reports the average for a Bachelor’s candidate is $47.763. That’s down from $48,515.

Photo courtesy of Creative Commons

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