The job outlook for the class of 2005

What We’ll Cover Job Market for New College Graduates  Who’s in Demand?. The job market for new college graduatesService employers plan to increase by 21.6% Govt/Nonprofit plan to..

What We’ll Cover

 Job Market for New College Graduates

 Who’s in Demand?

 Preferred Methods of Hiring

The job market for new college graduates

Service employers plan

to increase by 21.6%

Govt/Nonprofit plan to

Hiring Expectations From 2004-05

Projected Increases in Hiring

Hiring Expectations by Regions

Hiring Expectations by Employer Type

Employer Type 2004-05Actual Hires 2005-06 Projected Hires % Change

Projected Campus Visits by Sector

Industry 04-05 Actual Visits 05-06 Projected Visits % Change

Employers Expectations for Fall Hires -2004 vs

2005 and Salary Expectations

The job market for new college graduates

Employer intentions for on-campus recruiting during Spring 2005

No plans Tentative plans

Firm Plans

The job market for new college graduates

Hiring Projections by Region-Projected College Hires

+13.3% +15.1%

+8.9%

+13.9%

Northeast Midwest Southern Western

The job market for new college graduates

Who’s In Demand?

Who’s Hiring? (Bachelor’s level)

Major most interested % of

employers respondents

Accounting……… accounting services……… 100

utilities……… ……… 80

financial services……….……… ……… 67

Business admin……… merchandisers……….……… 79

food/beverage process mfg……… ………….…… 70

financial services……… ….…….…… 58

Electrical Engineering……….Electrical./electronic machinery &equip mfg………… … 90

Utilities……….… … 80

Government (federal)……… ……… …70

Mechanical Engineering………….Utilities……….…… 90

engineering/surveying……….… 64

*electrical/electronic machinery& equip mfg……….…… 62

* Government (federal)……….…… 62

Economic/Finance……… Financial services……….…….…… 75

Utilities……….…… 70

Merchandisers……… 63

*Government/Nonprofit Employers: 40.7% plan to hire associate degree candidates

*Service employers: 27.6% plan to hire associate degree candidates

*Manufacturing Employers: 26.8% plan to hire associate degree candidates

Who’s In Demand?

International Students

Overall Projections:

23.7% of employers plan to hire international students for full-time permanent

positions in the U.S this year (down from 34.1% last year)

By Sector:

*Government/Nonprofit Employers: 7.4% plan to hire international candidates

*Service employers: 28.9% plan to hire international candidates

*Manufacturing Employers: 19.8% plan to hire international candidates

Best Bets:

Engineering/Surveying Firms

Electrical & Electronic Machinery Manufacturers

Computer Software Development & Data Processing Services Firms

Who’s In Demand?

Employers rate the importance of candidate skills

Communication Skills……… 4.7 Honesty/Integrity ……… 4.7 Teamwork skills ……… 4.6 Interpersonal skills ……… 4.5 Motivation/Initiative ……… 4.5 Strong Work ethic ……… 4.5 Analytical skills ……… 4.4 Flexibility/Adaptability ……… 4.3 Computer skills ……… 4.1 Organizational skills ……… 4.1 Detail oriented ……… 4.0 Leadership skills ……… 4.0 Self-confidence ……… 4.0 Friendly/Outgoing ……… 3.9 Tactfulness ……… 3.8 Well mannered/Polite ……… 3.8

Top Qualities &

Skills Employers

Look for in New

Graduates

Who’s In Demand?

Employers Give Advice to Students

•Research, research, research

•Be open-minded

•Gain relevant work experience

Preferred hiring methods

Employers: Most Effective Recruiting Methods

•Organization’s internship program

•Organization’s co-op program

•On-campus recruiting

•Employee referrals

•Career/job fairs

Preferred hiring methods

Benefits of Experiential Education

Maintaining a program

For Employers: Strategies for gaining upper management support for your program

•Outline past successes

•Offer hard data

•Outline the consequences of eliminating

your college program

•Focus on the future

Opportunity to mold future leaders of the organization 88 %

New grads have cutting edge skills 51.9%

Easier to identify a diverse applicant pool 35.4%

Easier to fill positions because students are centrally located 21.2%

Maintaining a program

Employers: Effectiveness of activities to maintain your image on campus

Participate in campus career days/fairs, open houses, site tours ……… 3.9

Provide info about your organization through company web site……… 3.9

Offer info sessions……… 3.6

Visit with faculty for informal exchange of information……… 3.4

Participate in programs for student clubs, fraternities, sororities ……… 3.4

Offer experiential education programs……… 3.3

Participate in conferences for career services officers and faculty ……… 3.2

Sponsor hospitality-oriented events for students, organizations,

faculty and career center staff……… 3.2

Offer a speakers’ bureau, lecture series, and/or seminars, to student

and/or faculty group……… 3.2

Offer resume critiques……… 3.0

Participate in mock interviews……… 3.0

Maintaining a program

How Career Services can help employers

•Ask what you can do to help

•Provide info about opportunities available through your

office as well as other campus departments and

organizations

•Help employers get out the message out to all campus

offices and students

•Let employers know where they will get the most