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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: yard_man who wrote (21781)11/15/2004 8:51:16 PM
From: TH  Read Replies (2) of 110194
 
tippet,

As you know I agree with you, but when I read something like this I start to question some of my bearish assumptions.

Is this pickup in entry level positions meaningful? I do not know, but I do know it is very different from two years ago when four grads I know where having a very difficult time getting any job.

GT
TH
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Job Prospects Bright for College Seniors

By JUSTIN POPE, AP Education Writer

BOSTON - The recovering economy and looming retirement of the baby boomers are making this a very good year to be a college senior looking for a job after graduation. Recruiters, career counselors and students say the fall recruiting season has been the most active since the dot.com boom.

Accountants are again finding increased demand for their services — thanks to the wave of post-Enron regulations — but theirs is just one of several hot fields. Technology companies, investment banks and consulting firms appear to be picking up the pace, as do some defense contractors and even smaller businesses that haven't traditionally recruited on campus.

"I haven't been to school in the last three weeks because of my interview schedule," said Eric Golden, a senior at Bentley College, a business-oriented school in the Boston suburb of Waltham. He feels lucky to be graduating this year.

Friends with similar credentials who graduated earlier often ended up taking positions that weren't their top choices — "just to have a job," Golden said. He's been juggling about a dozen interviews with companies including money managers, investment banks and General Electric.

College hiring is expected to increase 13 percent over last year, according to a new survey from National Association of Colleges and Employers. Seven out of 10 employers said they expected to increase salary offers to new college grads, according to the survey released late last week, with an average increase of 3.7 percent.

more...

story.news.yahoo.com
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