Wednesday, April 14, 2010

Outplacement Firms Could Help College Grads

The services outplacement firms offer may be able to help the incoming class of college graduates, who will have a tough time finding a job. Visit http://outplacing.com to learn more.

There has been a lot of chatter lately that the recession may be over. The U.S. Bureau of Labor Statistics reported that the nation's unemployment rate remained even at 9.7 percent for the third month in a row during March, while employers increased payrolls by 162,000 workers.

Unfortunately for college students, the employment outlook for graduates isn't so optimistic. In fact, a new study found that the chances of graduate finding a job aren't much higher than they were one year ago.

A recent survey from Challenger, Gray & Christmas, Inc. of 100 HR executives found that about half think the job outlook for this year's graduates will be unchanged from last year. Of the respondents, about 28 percent said the outlook is "slightly better" and about 10 percent said the job market will be worse for this year's graduates.

There were some optimists, however, as about 13 percent of the HR executives said the job market is "much better" than it was during 2009.

The survey further found that students with degrees in healthcare-related fields and business will find the best job prospects, with 26.3 percent of HR executives and 18.4 percent of respondents respectively saying those students would see the most success.

With this in mind, outplacement firms could do a lot to help college graduates who are having a tough time finding work, mainly by helping these students establish a brand and network more effectively.

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