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You’re Hired…Maybe

College Grads Get Good News on Employment

November 18, 2010

You’re Hired…Maybe

by Alexis Mattera

Finding a job has never been easy but over the past few years, that same task has become even more nerve-wracking and downright disheartening. This situation is all too familiar to recent college graduates, who – save for an internship or two – have very little experience outside the classroom but the Collegiate Employment Research Institute at Michigan State University just revealed the hiring of new bachelor's-degree graduates expected to increase by 10 percent this academic year.

Institute director Phil Gardner describes this news as the first step out of a deep hole – this year’s increase is over last year's hiring, which held steady after it tumbled 35 to 40 percent in 2008. The report, "Recruiting Trends 2010-2011," says hiring will not increase across the board but will instead be seen in certain industries, for specific majors and in isolated areas of the country:

  • More recent graduates will be hired by manufacturers, professional-services companies, large commercial banks and the federal government; smaller banks, state governments and colleges and universities project drops.
  • Grads with majors and experience in business, technology, e-commerce, entrepreneurism and public relations will have better luck than those in the fields of health sciences and social services; companies also plan to increase hiring 21 percent among liberal-arts majors.
  • The Great Lakes and Mid-Atlantic regions will see the highest increases in recent graduate hiring, while the Northwest will see a 10-percent decline.

If these findings don’t relate to your situation, there’s still a chance you could snag the job of your dreams: Thirty-six percent of employers say they will consider applicants regardless of major. So, recent and soon-to-be college graduates, breathe those sighs of relief and start updating those resumes!


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