Class of 2012 Job Prospects See Improvement

Class of 2012 Job Prospects See Improvement
  • Opening Intro -

    Like the general population, this year's college graduates are facing many challenges in finding work.

    However, unlike the past three years, the job prospects are noticeably improving with a National Association of Colleges and Employers survey confirming this trend.

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Best job outlook in four years for college seniors.

NACE found that businesses expect to hire 9.5 percent more college grads this year than last, good news that comes on top of a February survey revealing that summer internships are expected to rise 8.5 percent this year.

Job Fairs

Colleges and universities across the nation are reporting that more businesses are recruiting at campus job fairs this year. At Cal State Long Beach, the number of recruiters present has risen by 50 percent according to the Los Angeles Times. Business, engineering and computer science majors are noticing the strongest demand for their talents.

The improved job outlook is in stark contrast to what many grads have faced in recent years. Some students pieced together part-time work or grabbed whatever jobs they could find. Others decided to stay in school, pursuing master’s degrees they likely would have waited to start only after finding full-time employment.

Job Availability

Despite the upward trend in jobs, there won’t be enough jobs available to satisfy the class of 2012. This class is in competition with members of previous classes who are still looking for work or want to advance beyond the positions that they currently have. Mature workers are offering competition too, with some newly retrained to work in fields that are new to them.

Finding work is only one piece of the puzzle for the class of 2012. Many students are carrying large amounts of student loan debt and will have six months from graduation to begin tackling what they owe. Other students will find housing to be expensive and will be required to live with their parents until they can afford to leave home. Last year, Time reported that 85 percent of new college grads moved back in with their parents.

Sage Advice

As you look for work this year, be aware that college has not prepared you for everything. A Quintessential Careers article deals with this, noting that students will discover that teamwork skills, dealing with personality types and handling their personal finances are areas where many weaknesses are uncovered. If you do find work, you’ll need to learn these skills to help you stay competitive in the workplace.

See Also7 Hot Jobs & Careers for College Grads

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Categories: Career Planning