For Class of ’08, A Scramble for jobs

By: Anjali AthavaleyApril 8, 2008

College Grads Face Rockiest Job Market in

Years Economy sputters Credit crunch Financial markets struggle As financial markets struggle

financially, fewer entry-level positions are available

Statistics March jobless rate rose to 5.1% Nonprofit, large employers expected

to boost hiring of new graduates by 16%

After February NACE planned a more modest boost of 8%

Hiring is anticipated to fall 7.5% Bear Stearns bought by J.P. Morgan

Chase & Co. Resulted in thousands of layoffs Half of 100 job offers to graduating seniors

were rescinded

Stats cont.

Citigroup Inc. says that its hiring of undergrads is down 10%

Starting Salaries Finance and Accounting grads rose 1.9% Business Administration and

Management increased less than 1% Computer-science majors rose by 7.9% Engineering grads increase by 5.7%

Starting Salary

Finding the Right Job

Stanford University’s career Development Center worksheets Skills Worksheet Values Worksheet Work Environment Worksheet

Good Grades Co-ops/ Internships

What Businesses Are Doing

Holding, or dropping intake of graduates levels

Will not completely stop intake due to lack of skilled VPs

Don’t call them , they will call you.

Tough Times for Students

Seniors getting fewer offers. Rates of jobs up because accepting

1st offer. Juniors and other underclassmen

have tougher times finding job offers due to economy.

People change interests from Accounting, and Finance to Health Care.

Questions???