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Excited For Graduation? Not really.

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graduation_hat_tossRecent college grads, as well as those graduating in the Spring might not feel as excited about graduating during the current economic recession. Schools are reporting fewer visits from corporate recruiters and fewer job openings, with less flexibility.

The Chicago Market Research Company, as an example, generally hires eight new college grads per year, according to Nicole Gelsomini, a straight-A marketing major who speaks Italian and Chinese. Gelsomini said that the firm would only be hiring three to four this year.

According to Erik Sorenson, CEO of Vault.com, a carrer and job website based in New York, “New college graduates are entering one of the worst job environments in years.” Sorenson believes that college recruitment will fall by more than 10 percent in several industries in the coming year. However, he also believes that certain sectors, such as energy, education, and government, are increasing.

Assistant dean at the University of Houston, Jamie Belinne said the number of visits to campus by recruiters was down 10 to 15 percent in fall of ‘08 from fall ’07.

That was nothing, said Belinne, compared to the 40 or 50 percent other business schools have experienced.

To keep yourself updated on employment trends and strategies, check out Employment Crossing.

Excited For Graduation? Not really. by
Authored by: Harrison Barnes