The prospect of a recession hasn’t dulled many businesses’ enthusiasm for new college graduates.
Companies plan to step up college hiring next year, according to a survey from the National Association of Colleges and Employers that tends to be an early forecast for the spring hiring season. The findings suggest the Class of 2023 may graduate into a job market as robust as the one for this year’s grads.
Of 246 employers surveyed by NACE, half said they plan to increase the number of new graduate hires in the spring compared with the Class of 2022. About 6% said they planned to hire fewer new grads. Overall, employers plan to hire nearly 15% more newly minted professionals than they did this year, according to NACE data, which was gathered in August and September.Are you or someone you know on the hunt for a first job? How has the experience been? Join the conversation below.
Employers in the finance, insurance, real estate, computer and electronic-manufacturing industries stood out as especially hungry to hire new grads, said Shawn VanDerziel, the association’s executive director. Those in sectors like technology, retail and chemical and pharmaceutical manufacturing indicated they were planning less college hiring, though those declines didn’t fully offset the wider projected growth, he said.
Next spring is a long way off, of course, and companies can always call off hiring plans should the economy worsen. But the hiring outlook reflects the
There are no recession fears that's dark money and the and the elites and Fed chair Powell trying to create the illusion. Bottom up middle out economy is a New Concept and it's roots are solid and sustainable unlike failed trickle down. Tell em POTUS WhiteHouse
…so they can pay you less than the person who currently has your job.
.. to replace their senior staff with juniors that they can work harder and pay less.