- ERE.net - http://www.ere.net -
2013 College Grad Job Search Will Be a 2012 Repeat
Posted By John Zappe On May 13, 2013 @ 2:09 am In News and Features | 2 Comments
With only days left before this year’s college seniors become alums, those who don’t already have jobs are going to find it as hard to find work as last year’s grads did. And for those in the liberal arts, in the last few weeks, three different surveys of hiring managers and recruiting leaders found employers are only planning slight — if any – increases in the number of entry-level grads they bring on board.
Most striking about the surveys is that while they measured different aspects of hiring plans, and talked to different types of companies and employers, the bottom line was the same: entry-level jobs in a grad’s field are few.
Here’s what the three surveys found:
For STEM grads, the hiring picture is significantly better. They are not only more likely to find a job, but their starting pay will eclipse the liberal arts grads. NACE says petroleum engineers  get the highest starting pay — $93,500. That’s $22,000 more than computer engineers are being offered. The money reflects the huge demand, thanks to the booming energy sector and the surge in energy prices, as well as the relative scarcity of talent.
CareerBuilder’s survey of the most in-demand new college grads  are those with majors in business (by 31 percent of employers), Computer and IT (24 percent), Engineering (17 percent), Health professions and related clinical sciences (10 percent), Engineering technologies (nine percent), and Math and statistics (nine percent). At the bottom: liberal arts and humanities (6 percent).
One more survey, this one from Employers Resource Association , a membership organization of 1,300 firms in Ohio, Kentucky, and Indiana, said top starting salaries for entry-level grads go to STEM majors. At the bottom, liberal arts.
The clear message from the surveys is that a college degree can be a ticket to a well-paying job, if the degree is in a field that is in demand. Research by the Brookings Institute  not only confirmed what the surveys show, but also concluded that:
For certain schools, majors, occupations, and individuals, college may not be a smart investment. By telling all young people that they should go to college no matter what, we are actually doing some of them a disservice.
Article printed from ERE.net: http://www.ere.net
URL to article: http://www.ere.net/2013/05/13/2013-college-grad-job-search-will-be-a-2012-repeat/
URLs in this post:
 Image: http://www.ere.net/wp-content/uploads/2011/05/Graduation-hat455.jpeg
 Adecco:: http://www.adeccousa.com/articles/Way-to-Work-Survey.html?id=211&url=/pressroom/pressreleases/pages/forms/allitems.aspx&templateurl=/AboutUs/pressroom/Pages/Press-release.aspx
 C: http://www.careerbuilder.com/share/aboutus/pressreleasesdetail.aspx?sd=4%2f19%2f2013&siteid=cbpr&sc_cmp1=cb_pr751_&id=pr751&ed=12%2f21%2f2013
 Image: http://www.ere.net/wp-content/uploads/2013/05/spotlight-0403-top-paying-majors-NACE-2013.jpg
 NACE: http://www.naceweb.org/Press/Releases/Employers_Trim_College_Hiring_Projections.aspx?referal=pressroom&menuid=104
 NACE says petroleum engineers: http://www.naceweb.org/Press/Releases/Top-Paid_Majors_for_the_Class_of_2013.aspx?referal=pressroom&menuid=104
 Image: http://www.ere.net/wp-content/uploads/2013/05/Lowest-paying-majors.jpg
 CareerBuilder’s survey of the most in-demand new college grads: http://www.careerbuilder.com/share/aboutus/pressreleasesdetail.aspx?sd=5%2f2%2f2013&siteid=cbpr&sc_cmp1=cb_pr755_&id=pr755&ed=12%2f31%2f2013
 Employers Resource Association: http://www.hrxperts.org/pdf/news/FINAL-2013-ERA-College-Grad-Press-Release.pdf
 Research by the Brookings Institute: http://www.brookings.edu/research/papers/2013/05/08-should-everyone-go-to-college-owen-sawhill
Copyright © 2008 ERE Media. All rights reserved.