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November 15, 2007

Forecast: improving job market for recent college grads

Students who graduate from college this year - especially those with an internship under their belts -- will find an improved job market, according to an annual survey.

Michigan State University's* 2007-2008 Recruiting Trends Survey forecasts a 7 percent increase in job opportunities this year over last, officials said. Business and engineering jobs for recent grads at large companies will grow by more than 10 percent, according to the survey of nearly 1,000 companies around the country.

The survey will be presented tomorrow at a conference in tomorrow, but you can get some additional details here.

Among the main findings:
* Fifty percent of employers said applicants should have completed at least one internship before applying for a proper job.
* Starting salaries for bachelor's degree recipients will likely increase by 4 percent to 5 percent.
* Employment opportunities for recent grads are expected to pick up around the country. 

*An earlier version of this post incorrectly identified the survey as produced by the University of Michigan.

Posted by Gadi Dechter at 2:00 PM | | Comments (0)
        

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