See who is already coming to #socialrecruiting summit in November!
Thinking does not cause mind pollution!
FYI, I'll be putting together a panel of students who are graduating in December 2008 and May 2009 for one of the NYC metro area's staffing groups this fall.
Comprised of students who are interviewing this Fall to find jobs, my goal is to open the eyes of the HR/recruiting community by hearing it straight from the horses' mouths about attitudes, beliefs and values of potential entry-level employees.
Stay tuned...
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Todd- thx for chiming in.
While I enjoy reading the BLS monthly reports, I believe their base assumptions leave much to be desired in terms of reality. More about this later but note that how they collect data has historically come under fire.
The survey I linked to surveyed students while the KF one surveyed companies - clearly not an apple to apple comparison.
Never take survey results as Gospel until you look at their data collection techniques and analysis protocols.
Since I have recently done quite a few college recruiting sessions here in NYC (Columbia, Poly, Cooper, Stony Brook), I can state with great accuracy that so many of the people I met - and these are folks with great pedigrees - still don't have jobs and at least here in the NYC, staying in school is looking like a real possibility.
I noticed your heading, "May 2008 Graduates Face Tough Job Market." I'm not sure how true that is. The BLS data show the June unemployment rate among college grads as quite low (2.3 or 2.4% depending on whether it's seasonally adjusted). This is higher than May, which was 2.1-2.2%, but very very low, almost full employment. Also, this out today from Korn/Ferry: "An uncertain global economy and labor market are not significantly affecting hiring plans for new graduates, according to survey results released today. ... 65 percent of executives surveyed say that their organization is planning to hire recent graduates with either a bachelor's or master's degree this year. In addition, 65 percent also say they are hiring either the same number (35 percent) or more (30 percent) new graduates this year than in recent years. The good news was tempered by 36 percent of executives who say they are hiring fewer new graduates than in past years. "Hiring plans for new graduates seem to be holding strong despite a downward trend in the overall labor market," said Caroline Nahas, managing director of Southern California."
