The monthly rate of workers with little previous work experience getting jobs has plunged, falling to 13% from its previous peak of 20%, according to Goldman Sachs.
Instead, she spent untold hours browsing through networking sites such as LinkedIn, attending mixers and other professional events, and generally scouring the collective workplace for something that would fit her desire to land a job in the world of finance. All to no avail."Quite honestly, it was pretty brutal," says Larock, 25, a Wilmington, Delaware, native now living in New York City."It felt like a lot of work for little response, little reward.
"I oftentimes would have people telling me the job quality or job search statistics aren't really that bad, using that kind of leverage to invalidate everything I was feeling," Larock says."Whether that's what they meant to do or not, and I don't think it was, that was the impact it had. It made me feel worse."
Molly Huang, a 22-year-old recent Penn State University graduate with an aerospace, aeronautical and astronautical engineering degree, also is finding challenges in navigating the situation — a process she started during her studies that has intensified now that she's out of school.