A new report by Michigan State University (MSU) has found that having a college degree on a resume may help more people find work next year.
According to the university's 40th annual recruiting trends report, more businesses are expecting to hire recent college graduates through 2012. Hiring for those with a bachelor's degree on their resume
is expected to increase by 7%, while those who earn a doctorate will see hiring increases of up to 12%.
Phil Gardner, director of MSU's collegiate employment research institute, told CBS MoneyWatch that it appears as if recent college graduates will have a better time finding work, despite a slight slowdown of hiring in recent months.
"It looks like this year's market is going to have legs. Last year it didn't have legs; we saw some aggressive growth early on but then it disappeared," Gardner added.
The degrees that are expected to be in the most demand through next year include engineering, computer science, accounting and agriculture.
According to the Bureau of Labor Statistics, professionals with an advanced degree on their resume can earn $1,000 more per week than those with some or no college education.