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Job Outlook Preliminary Results: Hiring Expected to Increase by 12 Percent

Spotlight for Career Services Professionals
Spotlight for Recruiting Professionals
August 29, 2012
 

The job market for college graduates continues its upward trend as employers responding to NACE’s Job Outlook 2013 survey at this early juncture expect to increase hiring by 12.2 percent.  

It’s important to note that the data presented here are preliminary and will likely change by the time the survey is completed in September. Still, while not complete, the preliminary data offer early insight into the climate of the job market for the Class of 2013.  

So far, the projected overall hiring increase exceeds the plans of employers last year when they estimated a hiring bump of 9.5 percent. Furthermore, this year, only 8 percent of respondents are reporting they will decrease college hiring, the smallest percentage since 2007. 

One area that has remained the same among the Class of 2013 and the previous two classes are the degrees that are most in demand, which include:

  • Finance
  • Accounting
  • Computer science
  • Electrical engineering
  • Mechanical engineering 

The Job Outlook 2013 survey closes in September. Final hiring projections and selected highlights will be published in Spotlight as soon as they are available. A report containing full results from the survey will be published this fall.

 

Reviews
 
By Sheila Curran
How can we reconcile employer projections with the fact that the unemployment rate for college graduates aged 20-24 has barely budged for the past three years? The July unemployment rate for this group was 11.8%. There may be some increases in hiring for employers who recruit on campus, but it seems to be offset by those companies doing "just in time" hiring.

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