Apr 13, 2005

More Jobs News

According to MonsterTrak:

Good news is ahead for 2005 college graduates. This year's job market for entry-level workers demonstrates a markedly improved economy, with job opportunities available in a variety of sectors. As the leading careers site for college students and young alumni, MonsterTRAK today announced the results of its annual graduation survey of college students, recent graduates and the employers who will be hiring them. Among the findings, 80 percent of companies surveyed with 5,000 or more employees plan to hire 2005 graduates this Spring/Summer and a remarkable 90 percent of companies with 10,000 or more employees plan to hire 2005 graduates. MonsterTRAK is the student division of Monster(R), the leading global online careers property and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST).
This follows my own post yesterday on career choices for college students and is an interesting aside to Brad DeLong's thoughts on why labor market slack has persisted for so long.

I am not really a big fan of Monster's numbers because they have been consistently stronger than other measures. This survey doesn't seem to have the usual problem of separating Monster's own growth out of the data though.

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