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  • Employers Project Brisk On-Campus Recruiting Activity This Spring

    January 27, 2016 | By NACE Staff

    Trends & Predictions
    A group of professionals analyze various sets of data.

    TAGS: hiring outlook, spotlight

    Spotlight for Career Services Professionals

    Indications from employers responding to NACE's Job Outlook 2016 survey combined with recent job market data point to expectations of brisk recruiting activity on college campuses this spring.

    More than two-thirds of employers in several industries reported firm or tentative plans for spring 2016 on-campus recruiting. These industries include miscellaneous professional services (90.9 percent); engineering services (87.5 percent); retail trade (84.6 percent); transportation (83.3 percent); utilities (71.4 percent); computer and electronics manufacturing (70.6 percent); finance, insurance, and real estate (69.2 percent); and accounting services (66.7 percent). (See Figure 1.)

    Fortifying this projection is the fact that, in December 2015, the unemployment rate for bachelor's degree holders from ages 20 – 24 was 3.5 percent, the lowest since NACE began tracking this rate in September 2010.

    The Job Outlook 2016 survey was conducted from August 5, 2015, through September 13, 2015, among NACE employer members. A total of 201 NACE employer members participated in the survey—a 20.1 percent response rate.

    NACE members can access the Job Outlook 2016 report through MyNACE.

    Figure 1: Spring 2016 on-campus recruiting plans, by industry

    Industry Firm plans in place Tentative plans All recruiting in Fall 2015 Not hiring Unsure
    Oil & Gas Extraction 11.1% 11.1% 77.8% 0.0% 0.0%
    Utilities 71.4% 0.0% 14.3% 0.0% 14.3%
    Construction 62.5% 0.0% 37.5% 0.0% 0.0%
    Food & Beverage Mfg. 33.3% 16.7% 16.7% 0.0% 33.3%
    Chemical (Pharmaceutical) Mfg. 20.0% 13.3% 26.7% 6.7% 33.3%
    Computer & Electronics Mfg. 35.3% 35.3% 23.5% 0.0% 5.9%
    Misc. Mfg. 33.3% 33.3% 13.3% 6.7% 13.3%
    Retail Trade 53.8% 30.8% 7.7% 0.0% 7.7%
    Transportation 33.3% 50.0% 0.0% 0.0% 16.7%
    Information 33.3% 50.0% 0.0% 0.0% 16.7%
    Finance, Insurance, & Real Estate 42.3% 26.9% 19.2% 0.0% 11.5%
    Accounting Services 55.6% 11.1% 33.3% 0.0% 0.0%
    Engineering Services 50.0% 37.5% 12.5% 0.0% 0.0%
    Management Consulting 20.0% 40.0% 40.0% 0.0% 0.0%
    Misc. Prof. Services 54.5% 36.4% 9.1% 0.0% 0.0%
    Source: Job Outlook 2016, National Association of Colleges and Employers