BETHLEHEM, PA—College hiring is projected to rebound in time for the Class of 2011 to feel the effects, according to a new survey conducted by the National Association of Colleges and Employers (NACE).
Employers taking part in NACE’s Job Outlook 2011 Fall Previewsurvey anticipate hiring 13.5 percent more new college graduates from the Class of 2011 than they hired from the Class of 2010.
“This is positive news, but it is important to understand the data in context,” says Marilyn Mackes, NACE executive director. “While the overall hiring projection is positive, less than half of those surveyed anticipate an actual increase in hiring.”
The survey found that just under 48 percent of responding employers expect to increase their hiring; 40 percent expect to maintain their hiring levels, bringing on approximately the same number of 2011 grads as they did from the Class of 2010. Approximately 12 percent anticipate cutting college hiring further. (See Figure 1.)
NACE will release complete results from the survey later this month.
About the Job Outlook 2011 Fall Preview:
The Job Outlook 2011 Fall Preview provides a forecast of hiring for the college Class of 2011. The survey was conducted among NACE employer members July 26 - August 20, 2010; 197, or 23.4 percent, responded. By region, 25.9 percent of the respondents represent organizations in the Northeast, 27.9 percent are from the Southeast, 32.5 percent are from the Midwest , and 13.7 percent are from the West.
NACE will update its hiring projections throughout the year through a variety of surveys and polls. The first poll will be conducted in October, and an update on college hiring will be provided in early November.
