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Employers Plan to Hire More College Grads

A new survey finds employers are planning to hire 19 percent more college graduates this year, the first time hiring projections reached double digits since 2007.

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The future looks bright for college graduates, with hiring picking up to pre-recession levels.As graduation day approaches for college students across the nation, an increasing number of students will leave school with a job offer this year, a new study finds. According to a survey of 174 member employers conducted by the National Association of Colleges and Employers, respondents plan to hire 19 percent more new college graduates this year than they did last year. That's up from the 13.5 percent that NACE member employers projected in the fall of 2010.

According to the organization, which conducts a job outlook survey with members every year, the last time the hiring projections for college graduates saw a double-digit increase was in 2007. Hiring increases are expected across regions and across most industries, the survey found. The employer industries that indicated the most aggressive hiring plans for 2011 included: oil/gas extraction companies, chemical manufacturers, computer/electronics manufacturers, finance, insurance and real estate.

The survey also found an increase in the number of positions available to college graduates, with respondents reporting that those positions have tripled. However, the average number of applications that employers have received per opening has dropped from 40.5 in 2010 to 21.

"Employers are receiving fewer applications per job opening as current graduates now have more opportunities to choose from," NACE executive director Marilyn Mackes said in a statement. "That's a good indication that the job market for new college graduates is gaining momentum."

Tags: college hiring, National Association of Colleges and Employers, News

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