A survey of employers by the National Association of Colleges and Employers showed those that recruit on campuses plan to boost hiring of new grads by 10.2% from last year. However, on-campus recruiting is only a small slice of the pie—the bulk of graduates find jobs on their own.
In a study to be released Thursday, the John J. Heldrich Center for Workforce Development at Rutgers University found that recent graduates are taking awhile to find work. Only 49% of graduates from the classes of 2009 to 2011 had found a full-time job within a year of finishing school, compared with 73% for students who graduated in the three years prior.
Overall, the unemployment rate among 20- to 24-year-olds with bachelor’s degrees was 6.4% in April, compared with 8.1% for the overall population, according to the Labor Department.
Experts say four broad issues will make it tougher for today’s graduates to launch their careers and succeed over the long run.
Read more at The Wall Street Journal.