Glimmers of Hope, for new grads.

There is hope that the graduates from college in spring will find a job, but that still doesn't say that the economy is thriving. Last year, many who graduated from college found it nearly impossible to find employment. A lot of employers prefer to hire people who have experience and more than just a college degree. Statistics show that 24 percent of 2010 college graduates who applied for a job have one waiting after graduation were up from 20 percent last year. But the average salary offered to graduates with a bachelor’s degree has slipped 1.7 percent from last year, to $47,673.

People with just liberal arts degrees have had a hard time finding jobs, since there are not that many pertaining to their major. However degrees in Accounting, Computer Science, Engineers, have been thriving with salary increases of almost 6 %. The same rules apply to people who want to find a good job, they need connections and credentials if they want to succeed in the job market.

Economists are afraid that if there is a sudden burst in job offers, it may lead to a double recession which may in turn be worse than what has occured in the past two years. Employers have been very pessimistic about hiring people, and will only do so if they have to. Furthermore, what limited positions are available are taken with great scrutiny because they receive so many applications.

Nowdays, a college degree isn't enough. Even people with masters and first proffessional degrees are finding it hard to find a job. However, according to the article there may be hope. I think that if someone has the right job that is in demand, then the job market will be to their advantage. Jobs in the medical field such as doctors, nurses, and pharmacists have never been short-handed even during the recession. Some other jobs that are in the field of marketing, finance, and liberal arts are in danger of disappearing. Moreover, people who graduate from schools in the west coast like in California, or others who graduate in the midwest like Ohio, want to move to regions where there is oppurtunity.

For the many who can't seem to find a job, should just remain optimistic and something will come around...eventually.

http://www.nytimes.com/2010/05/25/business/economy/25gradjobs.html?pagewanted=2&ref=business&src=me