2008 College Grads Optimistic Despite Recession
Anyone living outside of a cave or the Washington, D.C. beltway understands that there is a recession in the U.S. and that it is hurting those who are searching for a new job.
College students searching for internships and recent graduates hunting for entry level jobs are no exception. Although a healthy 59 percent of employers plan to hire college grads this spring and summer, that's 17 percent points down from a whopping 76 percent last year. In addition to the 59 percent, 29 percent aren't sure of their college hiring plans through the summer and that's nearly twice as many fence sitters as there were a year ago.
So is there any good news? Absolutely. Of the 59 percent who plan to hire, 73 percent plan to hire at least as many people as they did last year. That optimism is being met by the students as most members of the class of 2008 expect to receive at least two job offers upon graduation. The economy can't be all that bad if candidates are receiving multiple job offers.
Sources: Monster and RetiredBrains.com
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