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Grads Are Cautiously Optimistic

Posted by: Lindsey Gerdes on June 02

By: Anne Vandermey

Recession or no, for new grads, hope springs eternal. Although data show only two of every 10 2009 graduates had a job lined up as of April, more than half of graduates are “confident” they’ll get one in the next three months, according to a recent study from the National Association of Colleges and Employers.

That’s a heartening statistic, considering this year’s graduates are staring down the most cut-throat job market in decades. Still, that confidence shouldn’t be mistaken for naivete. The study also found that nearly two-thirds of grads are “concerned” about finding a job, and more than 60% are having a tougher time searching because of the economy.

The overlap—lots of people are both “confident” and “concerned”—is a decent reflection of how most grads I know seem to feel. It’s hard to decide whether to jump ship and find a Plan B (think grad school), or to try to look at the glass as half-full. After all, even with April’s unemployment at a whopping 9% in the U.S., about 91% of people escaped the scythe. It’s nice to know at least half of recent graduates are maintaining a healthy sense of optimism—even if the other half is terrified.

Thank you for your interest. This blog is no longer active.



Read daily reports and special features from BusinessWeek editors and reporters Lindsey Gerdes and Louis Lavelle about companies, careers, and other topics of interest to young professionals.

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