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Are Grads Realistic About Finding Their First Jobs?

Nealeigh Mitchell | MonsterCollege

May 14, 2010

Be Realistic

It’s called the dream job for a reason. That reason is that while it does exist, it’s difficult to get straight out of college, especially in this economy. With the unemployment rate at 9.7%, employers are choosing recently laid-off workers with years of experience over inexperienced candidates. While nearly half (46%) of employers say they plan on hiring recent grads to the payroll in 2010, more companies are uncertain of their college hiring plans than in 2009. With fewer entry-level positions available, grads can expect to battle for those spots. Nearly half of employers expect to choose from 51 applicants for every open position. Yes, the job search is tough, but it’s not impossible. Grads just need to have reasonable expectations and be well prepared for the hunt.

The Good News:

The good news is most recent grads are well aware of the current job environment, yet remain optimistic about their prospects. Ninety-three percent of students think it will take them longer to find a job and plan to devote a sizable chunk of time to job hunting. However, fewer expect to spend nine hours per week on the job hunt, further indication that the new batch of grads remains encouraged and energized. Family and personal connections are still the most popular search method, but job seekers are getting more creative. The work is out there. You just have to find it.

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