Two recent articles on hiring trends and employment market
Posted 12/10/2009 12:00 AM
According to the National Association of College and Employers (NACE), the rate of decrease in the hiring of new college graduates has slowed, which may indicate the start of a turn-around for the job market. A significantly higher percentage of companies reported plans to begin hiring more new college grads than did in August. Despite these signs of economic rebound, recruiting activity dropped from October to November, but this is likely a reflection of a seasonal decrease in recruiting that is normal in most economic climates. Though college graduate unemployment rates saw a slight increase in the last month they still remain at less than half that of the national average.
While many experts have differing opinions on the state of the job market for college graduates in 2010, most agree that we should see a turn-around by 2011. There is also a general consensus that companies will put more focus on how to effectively use social networking and other new forms of media such as Twitter and Facebook in their efforts to streamline their recruiting and retention efforts. This heightened focus on new media outlets will likely be accompanied by a fresh look at recruiting and retention programs as a whole, with the more "traditional" methods of recruiting such as how careers fairs and face to face interviews conducted by the company are being honed and reworked in order to hire the highest quality employees and not damage relationships in the process.
http://tiny.cc/2010Predictions
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| Erik Oswald | Mary Spencer | Cathlyn Ferraro |