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Employers have said that they are more
likely to be 12 percent more graduates this year than last year. It is the first
projected increase since the year 2000.
In another study, a projected 60 percent of
US business plan to employ the same number of graduates this year as with last
year. That is an increase of fifty-five percent from last year, according to the
CERI (Collegiate Employment Research Institute) at MSU.
According to recent studies, US Corporations
and businesses will employ more graduates with a bachelor’s degree in business,
biological and physical sciences. Those with construction management,
engineering degrees, health care and accounting will also experience an increase
in hiring. Other fields will have a slight decline.
On the average, companies are hiring forty
three percent of its interns to fulltime and regular status. The expected
increase in the hiring of graduates coincides with an expected growth forecast
of the economy next year according to a recent survey by the Federal Reserve
Bank.
A lot of companies are coming out of a slump
and are now hiring their interns and looking for more. A lot of companies are
posting jobs and coming into different campuses.
Most experts advise that during the
holidays, whether you’re looking for permanent employment or internship, it is
time to step up your search.
Take advantage of the holiday events you’re
going to, discuss what you’re looking for and your goals. Businesses don’t want
to be flooded with calls and faxes of resumes. They will probably rely on
word-of-mouth to get a handful of candidates The holidays are a perfect time to
network.
What to expect:
Companies will hire more students earning
bachelor’s degree in business and management, physical and biological sciences.
Engineering, health care and accounting degrees also would experience an
increase. Other degrees will experience a decrease in hiring
Businesses expect to employ about the same
volume of MBAs this year as last year. Businesses have found employees with
bachelor's degrees being able to do some work being done by MBAs.
It will be harder for graduates with
computer science degrees to find work.
Companies are more likely to employ students
who have undergone internships. The work experience, they say, makes a lot of
difference. Federal agencies will employ more graduates but not nearly enough to
offset the decrease in hiring by the state and local government agencies.
On average, starting salaries will increase
by 1 to 2 percent.