Posted by: Louis Lavelle on December 8, 2010
The recovery in the job market for new college graduates continues to gather steam, just not by a whole lot. The National Association of Colleges and Employers (NACE) is reporting today that its hiring index (based on surveys of employers) now stands at 127.7. That sounds pretty impressive when you consider that the very same index was at 87.2 in November 2009—but a lot less impressive when you realize that a month ago it was at 126.4.
There is some good news of real significance, though. More than half of the employers taking part in the November poll reported plans to increase the number of hires right out of college, the first time that’s happened since NACE started polling employers in October 2009, according to Marilyn Mackes,the organization’s executive director.
Mackes warns that the poll results should be taken with a grain of salt. The poll, she said, “reflects intentions, and is not a guarantee. Our research indicates that most of the participating employers expect to reassess their hiring needs on a quarterly basis—and some more frequently. They’re ready to adjust their hiring plans as need.”
So is this it? Is the recovery in the job market for new college graduates petering out? Is this as good as it gets? I’d be curious to know what job-seekers are hearing from hiring managers and HR folks. “We’re planning to do some hiring in a few months” or the dreaded “Thanks, we’ll call if anything opens up”?