Spotlight for Recruiting Professionals
September 26, 2012
Employers expect to hire 13 percent more new college graduates from the Class of 2013 than they did from the Class of 2012, according to NACE’s Job Outlook 2013 survey.
Employers in several industries report plans to increase hiring. While most increases are close to the overall hiring increase anticipated for the Class of 2013, employers in retail trade plan to hire 47 percent more college graduates from the Class of 2013 than they hired from the Class of 2012. (See Figure 1.)
Other industries projecting hiring increases for the Class of 2013 include management consulting (16.5 percent); computer and electronics manufacturing (14.6 percent); miscellaneous professional services (13.3 percent); finance, insurance, and real estate (12.6 percent); and chemical (pharmaceutical) manufacturing (11 percent).
The only industry that projected a decrease in hiring was miscellaneous manufacturing (-1.5 percent).
Figure 1: Total Change in Hiring, by Industry
Industry
|
# of 2013 projected hires
|
# of 2012 actual hires
|
% change
|
# of respondents
|
Chemical (Pharmaceutical) Mfg.
|
1,056
|
951
|
11.0%
|
n=11
|
Computer & Electronics Mfg.
|
1,810
|
1,579
|
14.6%
|
n=15
|
Misc. Mfg.
|
2,098
|
2,130
|
-1.5%
|
n=15
|
Retail Trade
|
2,378
|
1,618
|
47.0%
|
n=12
|
Finance, Insurance & Real Estate
|
5,162
|
4,585
|
12.6%
|
n=24
|
Management Consulting
|
1,052
|
903
|
16.5%
|
n=11
|
Misc. Prof. Services
|
637
|
562
|
13.3%
|
n=11
|
(Only industries with 10 or more respondents are represented here.)
The percentage of employers with firm plans in place for spring recruiting is also on the upswing. This year, 37.6 percent of survey participants indicated firm plans to recruit in spring 2013, while 34.4 percent of employers that participated in the Job Outlook 2012 survey indicated firm plans to recruit in spring 2012. (See Figure 2.)
Figure 2: Spring 2013 Recruiting Plans
Recruiting Plans
|
Spring 2013
|
Spring 2012
|
Firm plans in place
|
37.6%
|
34.4%
|
Tentative plans in place
|
27.3%
|
31.8%
|
All recruiting in Fall
|
18.6%
|
18.2%
|
Unsure
|
15.5%
|
15.1%
|
Not hiring
|
1.0%
|
0.5%
|
Data for the Job Outlook 2013 survey was collected from July 25, 2012 through September 10, 2012. A total of 244 surveys were returned—a 25.2 percent response rate. The full survey results will be available in November.