• Job Outlook 2013: Hiring Up 13 Percent, Industry Hiring Projections

    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.


Job Outlook 2013: Hiring Up 13 Percent, Industry Hiring Projections