Median Salary: $28,570 Unemployment Rate: 3.4 percent Expected Job Openings: 29,600. New college graduates can feel good about entering into the current job market. This can be useful information when you are thinking about future study and career options. According to the National Association of Colleges and Employers (NACE), … How to Answer: "What Should We Know about You That’s Not on Your Resume? But students leaving school are not free from financial burdens. Abstractor: As Provided. Organizations today need to heavily invest in succession planning and building talent pipelines. ", 5 Tips to Boost Your Job Search in the New Year. Employers plan to hire 5.8% more new college graduates from the Class of 2020 than they did from the Class of 2019. That is steering some students away from traditional high-paying positions in business or finance in favor of careers in the arts and social service, said Nick Bunker, an economist with Indeed. Recent graduates also need to learn a new skill around feedback in the working world that wasn’t a common part of the college paradigm: how to receive both … Employers need immediate replacements for Baby Boomers—10,000 of them are reaching retirement age. By. That is the highest rate since 2007, when employers planned to hire 17.4% more college graduates. Employers plan to hire nearly 17% more college graduates from the Class of 2019 than they did the previous graduating class, according to the National Association of Colleges and Employers’ (NACE) Job Outlook 2019 report. Students searching for IT Technician: Job Outlook & Career Info found the following information and resources relevant and helpful. Those armed with a newly minted diploma will enter a job market with unemployment near the lowest level in 50 years and job prospects up significantly from just last year. By: Eric Crest Posted at 5:29 PM, May 10, 2019 Employers plan to hire nearly 17% more college graduates from the Class of 2019 than they did the previous graduating class, according to the National Association of Colleges and Employers’ (NACE) Job Outlook 2019 report. Here's how to get a foot in the door, Newest workplace perk: Trading vacation days for student debt relief. Check Should You Have Your College Activities And Coursework On Your Resume? Over the last decade, college loan balances in the U.S. have jumped to a record $1.5 trillion, according to the Federal Reserve. Subscribe to the latest news about DC's jobs market. The Class of 2019 is getting ready to enter one hot job market. 4 Job Search Strategies for Recent College Grads to Help You Get Started Navigating your first real-world job search can be daunting. A majority of adults still say yesCompanies are hiring! 2019 is an excellent year to pursue a degree or look for work. © 2021 CNBC LLC. January 4, 2018 Pixabay/Pexels. As an added bonus, because of the tight labor market, wages are also increasing. Full Bio. In addition, many job offers come with pay better than they did last year in nearly every degree category ranging from business to social sciences. That is the highest rate since 2007, when employers planned to hire 17.4% more college graduates. Dawn Rosenberg McKay is a certified Career Development Facilitator. Elka Torpey, "Education pays," Career Outlook, U.S. Bureau of Labor Statistics, February 2019. Data for the Job Outlook 2020 survey were collected from August 1, 2019, through September 30, 2019. Pages: 8. In fact, the occupation that garnered the most interest among grads this year was graphic designer, where the typical worker makes $48,700 per year, Bunker said. The graphic above shows how the unemployment rate for recent college graduates has been inching upwards, from 3.8% in May to 4% in September. 2019 College Graduates Have a Healthy Job Market They can expect multiple offers as boomers retire and the economy chugs along. Technology roles are among the top growing roles as the industry pushes to improve diversity. Entry-level education: Bachelor’s degree Median pay (2018): $84,280 annually Job outlook, 2016-2026: Declining (-7 percent projected growth) with a projected employment change of -21,300 jobs. Follow Linkedin. Job Market Is Tougher for Recent College Grads Than All Workers By . If you'll be a member of the Class of 2019, you're in luck when it comes to the job search. Employers plan to hire 16.6 percent morenew graduates from the Class of 2019 than they did from the Class of 2018 forpositions in the United States. By Leigh Goessl. This also marks the first time since 2011 that hiring projections are in the double digits, NACE said. For several reasons, the health care sector dominates the list of the most sought-after degrees and occupations. You don't want things you posted in your teen years to come back to haunt you, so be sure to clean up your online presence. Luckily, we’ve compiled a list of the best entry-level jobs for college graduates. Comes as welcome news, Stock Quotes, and software engineering, to name a.... The labor market has notable career implications beyond getting a first job after you and! Worth it 30,000, according to a lucrative career 2019 is an excellent year to pursue a degree look. Technology, '' he added to Increase by Almost 17 percent loan balances as they their... Is the best of 2019 in luck when it comes to choose a,. Job forecast shows good news for employers scrambling to fill open positions ``! 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