Back to blog homepage

Brightening job market boon for new grads

| No Comments

Help wanted.jpg

Statistics show that it's not uncommon for new college graduates to spend several months on their initial job search before they land somewhere. And in fact over the past few years those months have even stretched into years for some new grads and long periods of temporary employment, post-graduate internships, and contract roles.

But this year, for the fotunate graduates of the Class of 2014, the situation is looking brighter. The recent and sustained upturn in the employment market, both at the national and state levels, is in favor of these new grads seeking full-time employment for the first time. 

The Bureau of Labor Statistics reports that the U.S. economy added 288,000 jobs In June and another 209,000 jobs in July, with an unemployment rate of  6.2%. The Wall Street Journal reports that job openings in the U.S. hit a 13-year high, at 4.7 million openings. If you need a job -- just one job! --  that's a good sign.

But let's get a llttle closer to home. After all, we know from our annual "first destinations" employment surveys conducted right here in the Career Education Center that new Simmons grads tend to stick close to their alma mater, with, on average, 80-85% employed in New England after they graduate, a whopping 70-75% in Massachusetts alone.   

Here the news is good as well, actually even better than the national picture. The latest report from the Executive Office of Labor and Workforce Development show that in July the Massachuetts unemployment rate was, at 5.6%, below the national rate. The Commonwealth also added 13,800 jobs during the same month.

Of equal significance is where the jobs were created - in which industry sectors. According to the Boston Globe, "Professional and business services, which includes technology, scientific research, and consulting firms, led July's employment gains, adding 5,000 jobs. . . Also adding jobs were education and health services (up 3,800). . .and financial services (up 1,000)."

So, you bright new Simmons grads from the Class of 2014, armed with your sheepksins, determinaton, a firm handshake, and a smile on your face, things are looking better for you than your most recent predecessors. With employers hiring, looking for you, now's the time to get out there and make it happen. And if you feel the need to tune up your resume or revisit your job search strategy with a coach, then give the CEC a call or set up an appointment with a career coach. We're here for you all summer.