Majority of Grads Expect to Be Unemployed Well Into the Fall (June 30, 2003 Press Release)June 30, 2003 by alwin
FOR IMMEDIATE RELEASE
Minneapolis, Minnesota, June 30, 2003 – A large majority of college and university students and recent graduates are quite pessimistic about their ability to find a new job anytime soon, according to the results of a survey released today by CollegeRecruiter.com, an online job listing service for students and recent graduates with zero to three years of experience.
“Unfortunately, the results were not surprising to our staff,” said Steven Rothberg, President and Founder of CollegeRecruiter.com. “Over the past couple of years, we’ve seen a real decrease in the number of employers actively recruiting students and recent graduates, whether that recruiting is on-campus, through newspaper or magazine advertising, or posting jobs on-line at career sites.”
Rothberg, however, is optimistic. “Now that the worst of the Iraqi war is behind us, most of the employers with which we’ve talked are making plans to resume their hiring of students and recent graduates. Although we don’t anticipate that fall recruiting will be as strong as it was in 1999 or even 2000, it should easily exceed the results that we saw post-9/11 in 2001 and then again in 2002.”
The CollegeRecruiter.com survey of more than 1,000 college students and recent graduates found that 37 percent expect it will take them six or more months to find a job, 16 percent thought it would take four to six months, 26 percent thought it would take two to three months and only 14 percent thought it would take one month or less.
CollegeRecruiter.com is the highest traffic career site used by job hunting students and recent graduates and the employers who want to hire them. CollegeRecruiter.com is used by 400,000 visitors per month to find part-time positions, summer jobs, internships and entry level career opportunities. CollegeRecruiter.com features tens of thousands of job openings and 800 pages of employment-related articles and Ask the Experts questions and answers. Further information about CollegeRecruiter.com is available at http://www.CollegeRecruiter.com/pages/press-room.php .
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