[jsfg_cinti] ARTICLE: Best job market in 5 years for grads

This sounds like good news for job seekers!

Regards,
Lance Feldman

-----------------------------------------
http://today.reuters.com/news/newsarticle.aspx?type=domesticNews&storyid=2006-03-20T163503Z_01_N20258421_RTRUKOC_0_US-ECONOMY-JOBS.xml&rpc=22

Best job market in 5 years for grads: report
Mon Mar 20, 2006 11:35 AM

WASHINGTON (Reuters) - U.S. college graduates are
facing the best job market since 2001, with business,
computer, engineering, education and health care grads
in highest demand, a report by an employment
consulting firm showed on Monday.

"We are approaching full employment and some employers
are already dreaming up perks to attract the best
talent," said John Challenger, chief executive of
Challenger, Gray & Christmas.

In its annual outlook of entry-level jobs, Challenger,
Gray & Christmas said strong job growth and falling
unemployment makes this spring the hottest job market
for America's 1.4 million college graduates since the
dot-com collapse in 2001.

The firm pointed to a survey by the National
Association of Colleges and Employers which showed
employers plan to hire 14.5 percent more new college
graduates than a year ago.

The survey also found higher starting salaries this
year. Graduates with economic or finance degrees will
see the biggest gain with starting salaries up 11
percent to $45,191, while accounting salaries are up
6.2 percent, business management salaries up 3.9
percent and pay for civil engineers 4.3 percent
higher.

But Challenger said graduates should not assume the
improved labor market will guarantee everyone a job.

"Even as demand and salaries rise, college students
should not be lulled into thinking that the job search
will be easy or that jobs will be handed to anyone
with a degree," he warned.

The U.S. unemployment rate rose to 4.8 percent in
February from a 4-1/2-year low 4.7 percent in January,
according to the U.S. Labor Department. Employers
added 243,000 new payroll jobs in the month.

-----------------------------------------
 
 
 
 
 
 
 
 

__________________________________________________
Do You Yahoo!?
Tired of spam?  Yahoo! Mail has the best spam protection around 
http://mail.yahoo.com 
You can unsubscribe from the list by sending email to 
jsfg_cinti-request@xxxxxxxxxxxxx with 'unsubscribe' in the Subject field. 

Web archive: http://www.freelists.org/archives/jsfg_cinti 

Questions to:  jsfg@xxxxxxxx

Other related posts: