Big Hiring Back at Colleges
Interviews, wages all up more than expected, say experts
By Mark Russell, Newser Staff
Posted Apr 2, 2012 12:02 AM CDT
Updated Apr 2, 2012 12:24 AM CDT
New graduate hiring is up 10.2%, pointing to the economic recovery picking up its pace, say economists.   (Shutterstock)

(Newser) – In another sign that the recovery is picking up speed, university graduate hiring is way up this spring, surging 10.2% from last year, reports Reuters. The National Association of Colleges and Employers had expected grad hiring to rise, but previously predicted 9.5%. Around the country, universities' career services departments are reporting big increases in the number of companies attending career fairs, and the number of interviews being granted. Even wages are up, with salaries for first-time job seekers after college rising 4.5% to $42,569.

"It's kind of like a no-brainer," says the director of Career Services at UCLA. "The economy is better, and the college recruitment market is improving." While the unemployment rate in the US is 8.3%, among college graduates over the age of 25, unemployment is just 4.2%. One American University senior said he has not found a job yet, but he's confident about his odds. "The vibe on campus is that people are excited," he said.

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Showing 2 of 4 comments
MisterPlinkett
Apr 2, 2012 4:07 AM CDT
If you're dumb enough to believe the economy is in recovery, i got a bridge i wanna sell ya. also, if you're dumb enough to believe the economy is in recovery, i'm sure you'll be voting for obama again. cuz nothing says typical american like an all-day sucker.
dungbeetle
Apr 2, 2012 2:12 AM CDT
See what wonderful things the Bush admin. produced? Yessir, that George B really knew how to run the country, especially the economy. Of course then that retard, Obama, had to stick his nose in and screw everything up. Oh well, we'll hire him for another four years and he can straighten it all out. Just votin' . . .