Newsroom: Hiring Up For College Grads
Employers expect to hire 10.2% more new college graduates from the Class of 2012 than they did from the Class of 2011, according to a study by the National Association of Colleges and Employers (NACE).
That’s up from the 9.5% hiring increase they projected for the Class of 2012 when polled in September.
“Although employers haven’t revised their earlier projections significantly, this upward movement along with other positive economic indicators show that the job market for new college graduates is improving steadily,” says NACE executive director Marilyn Mackes.
According to results of NACE’s Job Outlook 2012 Spring Update Survey, this is the second consecutive year in which employers have adjusted their hiring expectations upward. Results also show an increase in the average number of jobs posted by respondents, up 10.5 percent from 105 in 2011 to 116 currently.
More telling, however, is the comparison between current figures and those reported for the Class of 2010, when the job market for new college graduates was just beginning to recover: In 2010, employers reported an average of just 45 job postings.
NACE’s 2012 Job Outlook Spring Survey was conducted in February. Taking part were 160 NACE-member organizations that hire new college graduates. By region, 24.4% of respondents are from the northeast, 31.3% southeast, 33.1% the midwest, and 11.3% the west. NACE monitors the hiring outlook and demand for new college graduates throughout the year.