Wednesday, March 4, 2009

College Grads Facing Worst Hiring Climate Since 2002

"Undergraduate hiring is expected to plummet this spring according to the results from a recent survey, dashing some analysts’ hopes that a degree would help graduates weather the economic storm. The study, conducted by the National Association of Colleges and Employers (NACE), estimates that employers will hire 22% fewer new graduates from this year’s class than they did from last year’s class. The projection, if true, would represent the biggest downturn since 2002, when the 9/11 terrorist attacks and the dot-com bust sent hiring down 36%."

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By
Anne VanderMey

Posted By Jemar

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