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Economy

Next year's economy may be good for graduates

Kirsten Valle - Charlotte Observer

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September 13, 2010 04:11 PM

Good news for college seniors: The job market might be a little less menacing, come graduation.

The National Association of Colleges and Employers found in a recent survey that employers expect to hire 13.5 percent more new college graduates from the class of 2011 than they hired the year before.

About half of those polled said they plan to increase their hiring, while 40 percent plan to maintain their hiring levels, bringing on about the same number of new grads this year. About 12 percent of employers surveyed anticipate cutting college hiring further, the organization found.

Still, times are tough for many recent grads. Another NACE study this month found that the average starting salary for the class of 2010 is down about 1 percent - to $48,288 - compared with the previous year's starting offers.

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