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2011 college grads finding a better job market |
| by - 05/10/2011 |
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| "This years college graduates are finding a better job market than last years grads." |
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Employers plan to hire 19.3% more recent graduates this year, says a report by the National Association of Colleges and Employers. The association surveyed 174 schools from February through April.
The increase in open positions means employers have half as many applicants per job now than at this time last year: 21.1 applicants this year vs. 40.5 in 2010.
Students are confirming the trend, says Lonnie Dunlap, director of career services at Northwestern University in Evanston, Ill. What were seeing this year is that some of our students are getting multiple offers, which were thrilled about.
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The top-paying major for the class of 2011 is chemical engineering. It has an average starting salary of $66,886, the association report says. The accounting services industry has the most projected job openings for this year: 7,244 spots.
The Midwest is seeing an increase in manufacturing, information technology and sales openings, says Kelley Bishop, executive director of career services at Michigan State University. Not only can these companies now afford to hire graduates, they need to because they put it off during the recession, Bishop says.
A Michigan State survey of 4,600 employers found that companies will hire 10% more graduates with bachelors degrees this year, the first increase in two years.
Priya Suresh, a member of Northwestern Universitys class of 2011, landed a job in November and will start work in August.
Her advice to jobless graduates is to use the university career resources.
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