InTIME STAFFING LLC’s Post

Hiring for recent college grads is down in a market that favors experienced workers, leading to an unemployment rate of 7.9% for 20-24 year olds. Learn more about this in an article by Abha Bhattarai in The Washington Post. #jobmarket #unemployment #recentgrads

Eager to hire soon-to-be college grads? You'll want to dive in to Monster's State of the Grad survey. "It’s critical to understand how the newest additions to the workforce are approaching employment, and what they are expecting from employers,” said #Monster CEO Scott Gutz in this HR Dive article. Find out what candidates are looking for and see key insights from the report here.

Eager to hire soon-to-be college grads? You'll want to dive in to Monster's State of the Grad survey. "It’s critical to understand how the newest additions to the workforce are approaching employment, and what they are expecting from employers,” said #Monster CEO Scott Gutz in this HR Dive article. Find out what candidates are looking for and see key insights from the report here.

Eager to hire soon-to-be college grads? You'll want to dive in to Monster's State of the Grad survey. "It’s critical to understand how the newest additions to the workforce are approaching employment, and what they are expecting from employers,” said #Monster CEO Scott Gutz in this HR Dive article. Find out what candidates are looking for and see key insights from the report here.

Entry-level job market for college graduates is still strong compared to pre-pandemic levels, though not as robust as during the pandemic recovery. Around 65% of surveyed companies plan to hire entry-level workers in 2024, indicating ongoing demand. Both employers and employees are adjusting to a "new normal" in the job market post-pandemic, with less leverage for job seekers, especially regarding remote work. Despite challenges, college graduates still benefit from a "college wage premium," with higher earning potential compared to non-graduates. Wage growth remains high, though slightly decreased from peak pandemic levels, with concerns for young workers navigating job interviews. #entryleveljobs #cfstaffing Creative Financial Staffing (CFS)

The job market for new college grads is brutal right now. A new survey shows that college grad hiring will be down 6% this year, and that 40% of recent grads are underemployed. In a WSJ article published last week (link in comments), a recruiter was quoted — an entry-level job she put up led to 2,000 applications within 24 hours! Overwhelming. The article also mentions that new graduates looking for jobs must meet an even higher bar this year because the market is already crowded with junior workers who have recently been laid off. In a market this tough, college grads need to be even more focused on conveying their Impact Evidence — stories that show how they’ll make a difference, that they’re passionate, ready to learn, and want to be there. #classof2024 #resume #professionalimpactnarrative #jobsearchtips #opentowork #jobseeker #careeradvice #careerhelp #networking #mccoy #collegegrad

Where is this going?!? What is the future of college degrees?!? This article highlights that: - Labor market bifurcation: The US labor market is experiencing a split, where high-skilled jobs require specialized training or degrees, while low-skilled jobs do not require a degree, leading to a mismatch between job openings and available workers. - Degree requirements: Many job openings, especially in non-technical fields, no longer require a college degree, as employers prioritize skills and experience over formal education, making it harder for recent grads to find jobs. - Skills training: To address the labor market mismatch, there is a growing emphasis on skills training and certification programs, enabling workers to develop specific skills for in-demand roles, rather than relying solely on traditional degree programs. #yablonstaffing #collegedegrees #career #jobs #skill https://lnkd.in/eG5RbN6r.

"Graduates looking for jobs must meet a higher bar because the market is already crowded with junior workers who recently lost jobs, says Jay Killough, PhD, who leads Texas Tech University’s career center." Following up on my post yesterday, (https://lnkd.in/ecadRrBx), I wanted to share this article which contains one important piece of advice for job-seeking graduating students. “I always ask students—‘Who knows that you’re looking for a job?’ The response should be everyone.” - Jennifer Neef, Director at University of Illinois Urbana-Champaign's career center. I'm glad to see college career centers understanding that small and midsized businesses are hiring, and that students need to be proactive in researching these companies and seeking out employment opportunities.   "She has been advising students to “use a scalpel and not a machete” in contacting employers and recruiters. That means making meaningful connections, instead of spamming hiring managers with one-size-fits-all messages, and following up regularly after a first meeting." #jobs #employment #classof24 #hiring #unemployment #economy #capitalism #smallbusiness #careers #careerpaths

Well, the class of 2024 is graduating and "hitting the streets." Unfortunately, we've been captivated over the last few weeks with what we've been seeing on some college campuses. Needless to say, today's #employers need to offer grads more than a job and a paycheck. And if you think that's your only obligation as an #employer, you may find your #collegerecruiting efforts fall a short of your objective. #hiring #candidateexperience #recruiting #talentacquisition https://lnkd.in/ggajufdt

Despite a surprisingly robust job market, recent college graduates have been having a harder time finding work than the rest of the population since the pandemic. This marks a sharp reversal from long-held norms, when a newly-minted college degree all but guaranteed a better shot at employment. Since 1990, the unemployment rate for recent grads almost always has been lower than for the general population.
But that changed after covid. New grads have consistently fared worse than other jobseekers since January 2021, and that gap has only widened in recent months. The latest unemployment rate for recent graduates, at 4.4 percent, is higher than the overall joblessness rate and nearly double the rate for all workers with a college degree, according to an analysis by the Federal Reserve Bank of New York.