The HBCU Career Center is constantly sharing the latest information on the employment trends published. One key source of research that blends higher education with business and industry is NACE (National Association of Colleges and Employers (naceweb.org). This organization surveys companies yearly to find out about their plans to hire new college graduates every year.
The Job Outlook for 2019 for grads shows that college hiring is expected to be up almost 17%. This is the best number since 2007 and that means that the Class of 2019 is going into a really good job market.
Here are some additional details from this year’s survey that the Class of 2019 should know about hiring this year:
a) Only about 4% of employers will decrease hiring of college graduates. Reasons include that they had over hired the year before or business will cut back slightly this year.
b) Employers say that growth in their companies is steady.
c) 57.4% of the employers expect to keep their number of college hires the same as the year before.
Data Points from the 2018 Recruiting Benchmark Survey
a) 88% of employers say they have diversity recruiting efforts.
b) 38.2 days is the average length of time from job posting to interviews.
c) Average hourly wage for an intern is $18.73.
d) Recruiters begin recruiting interns average of 8 months before start date. This means if you want a summer internship, start looking the November before.
The more information you have, the more prepared you will be!