Quick and Quintessential Career & Job Tips
Job-hunting tips from the December 16, 2002 issue of QuintZine.
Good news and bad news for upcoming college grads. The good news? Planned entry-level hiring is up slightly for 2003. The bad news? The hiring plans are only marginally better than 2002, which was the worst year for entry-level hiring in 20 years. CollegeGrad.com recently released the results of its annual Top Entry Level Employers survey, which shows overall entry-level hiring up 4 percent for 2003. Most major employers expressed continued caution over the current state of the economy. However, the survey results also reveal bright spots for entry-level hiring.
The results profile future hiring plans for more than 500 entry-level employers representing more than 100,000 entry-level positions. While most of the largest employers (10,000+ employees) are hiring the same or fewer college grads, many of the medium employers (1,000-10,000 employees) and small employers (under 1,000 employees) are showing increases for 2003, which accounts for the overall net increase in entry-level hiring.
The industries showing the strongest hiring demand continue to be defense, healthcare, and government services. Consulting services, which once showed the highest demand for entry-level hiring in the late ’90s, but was down dramatically in 2000-2002, showed the largest year-to-year increase in hiring expectations at 15 percent growth in 2003. The majors most in demand? Accounting, Engineering, Business, and Management continue to be the highest demand majors, with Computer Science, Finance, Marketing, and Biology not far behind.
The survey found that the wholesale and retail sector expects to hire more people in the first quarter compared to a year ago, with the strongest job prospects in the Midwest. Manufacturers of nondurable goods, such as food and clothes, also expect to hire an increasing number of workers in the first quarter, with 21 percent of companies planning more hiring and 9 percent planning cuts.
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