November 14, 2018 | By NACE Staff
TAGS: hiring outlook, trends and predictions, surveys, nace insights
Spotlight for Career Services Professionals
Spotlight for Recruiting Professionals
Employers plan to hire 16.6 percent more new graduates from the Class of 2019 than they did from the Class of 2018 for positions in the United States, according to results of NACE’s Job Outlook 2019 survey.
This comes as welcome news, especially since employers reported an overall decrease in hiring for Class of 2018 graduates. This year marks the best initial hiring outlook since the Class of 2007.* (See Figure 1.)
Over the past three recruiting years, the largest group of employers indicated plans to maintain their individual hiring numbers. The trend continues this year as 57.4 percent of employers plan to keep their number of college hires the same. (See Figure 2.) While 38.6 percent of responding employers plan to increase their hires, perhaps the most encouraging finding is that just 4 percent of respondents will decrease their hires. This represents less than half of last year’s respondents (9.6 percent) that planned to decrease hires, and it is the smallest group with these plans in the past seven years.
Employers pointed to several factors for their hiring plans:
Data for the Job Outlook 2019 survey were collected from August 1, 2018, through October 8, 2018. A total of 172 surveys were returned—an 18.5 percent response rate. The Job Outlook 2019 report is available free to members through MyNACE. Nonmembers can purchase the report through the NACE Store.
Figure 1: Job Outlook Hiring Projections, 2007-2019*
Figure 2: Employers’ Hiring Expectations
Percent of employers that allocated more resources to recruit historically marginalized students
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Percent of students seeking employer that embraces diversity
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Percent of employers with a formal diversity recruiting effort
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