Job prospects may have improved for seniors graduating this spring. Researchers have predicted that companies will hire 10 percent more undergraduates in 2011 than they did in 2010.
The study, conducted at Michigan State University, surveyed 4,600 employers in retail, finance, manufacturing, service and information sectors. The survey results indicated that there will be a 3 percent rise in hiring across all sectors, regardless of company size.
Services, which the study referred to as “probably the most important for college hiring,” has seen increases in most industries. Computer companies will increase hiring by more than 100 percent, engineering by 32 percent, scientific research by 30 percent and architecture firms by 28 percent. Hiring in management companies will increase by 16 percent, public relations and advertising by 4 percent and marketing research by 4 percent.
According to the study, finance will see an overall drop in employment but a rise in hires at the bachelor’s degree level. Insurance will increase hires by 23 percent and financial services by 7 percent, but banking institutions will decrease by 3 percent.
Read the full story at the Daily Princetonian.
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