Compensation >> Browse Articles >> General
Job Market for U.S. Graduates Will Grow
United Press International/Courtesy of © 2008, YellowBrix, Inc.
March 10, 2008
The job market for U.S. college graduates looks more promising than it did in 2007, USA Today reported Monday.
To make up for the growing number of U.S. workers reaching retirement age, employers are set to hire 16 percent more graduates this year from a year ago, a National Association of Colleges and Employers survey showed.
The biggest hiring boost will be in marketing, engineering and computer science.
Salaries are expected to rise 4 percent over 2007.
Chemical engineers can expect a 6.2 percent hike in their first wages over last year, up to an average salary of $63,749, the report said. Liberal arts majors can expect an average salary of $33,258, an increase of 9 percent over a year ago.
More than 50 percent of employers will be offering a signing bonus, researchers said.
It’s a great job market, and (students) know it. We are in a war for talent, Aflac executive Audrey Boone Tillman told USA Today.
