Offbeat College grads enter the hottest job market in a decade

18:40  17 may  2018
18:40  17 may  2018 Source:   cbsnews.com

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The class of 2015 will enter what economists say is the best job market for new college graduates in nearly a decade , as the improving US economy and accelerating retirements of baby boomers create job openings across many fields.

Reuters. Federal Reserve Chairwoman Janet Yellen says college grads are entering the best job market in nearly a decade . Federal Reserve Chairwoman Janet Yellen on Monday congratulated the graduating class at the University of Baltimore on earning their degrees and also their timing in

Congratulations, class of 2018. You've hit the jackpot, graduating into the strongest job market in a decade, according to CareerBuilder. Around 80 percent of companies surveyed by the jobs site said they plan to hire college grads this year, up from 60 percent in 2008. Another plus for new grads? More than half of employers surveyed cite starting salaries of $40,000 or more.

As for the most sought-after degrees or majors, business topped the rankings with more than a third of companies surveyed looking to hire grads with that major. Around 22 percent of companies are seeking candidates with a degree in engineering.

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So for the sake of clarity, consider this a guide to what we know — both good and bad — about the state of the job market for college grads . Flash forward nearly three decades later, and she was working as a senior manager at USAID doing post-disaster development in…French speaking

Here's one more reason to throw your college mortar board in the air. It's the hottest job market in years for the expected 1.9 million students who will graduate . Employers are estimated to hire about 5 percent more graduates from the class of 2016 than last year

Technology and business savvy are skills that rank high on companies' wish lists. Of the employers surveyed, 31 percent said they were looking to fill positions in information technology, while a quarter said they needed workers for customer service roles.

Even though the job market is hot -- the U.S. unemployment rate dipped below 4 percent in April to 3.9 percent, the lowest in 17 years -- 2018's crop of new grads should still beware some job-killing interviewing mistakes.

More than a third of employers told CareerBuilder that most of the recent grads they've interviewed over the last year didn't send a "thank you" note. About the same amount said most candidates didn't know anything about the company interviewing them.

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Information technology (33 percent) and customer service jobs (24 percent) top the list of functions for which employers hiring recent college grads this year are recruiting.

Federal Reserve Chair Janet Yellen says college graduates are entering the strongest job market the country has seen in nearly a decade , and their degree is more important than ever.

Yet another barrier for a job hunter is a social media profile that could damage prospects for being hired. More than 20 percent of employers said many candidates interviewed "had unprofessional pictures on their social media profiles," according to the report.

"A big 'do' in this day and age is getting your online branding in order -- make sure your LinkedIn profile is complete and filled out; make sure your social media is cleaned up," Jenni Maier, editor-in-chief at career site TheMuse told CBS MoneyWatch.

Maier said it's likely the hiring manager or recruiter will do his or her own internet search, so you should complete a self-checkup of your own before sending those applications to make sure there are no unpleasant surprises.

Always email a "thank you" message immediately after a job interview -- and sending a personal note via snail mail is a nice touch, too. It's a way to reinforce your strength as a candidate, and an opportunity to express gratitude for the time your interviewer took out of his or her day to get to know you.

While you may be nervous about whether or not that first job is a good fit, Maier said it's better to approach it with an open mind, and understand it may take time and even a few jobs to reach your long-term career goal.

"Keep in mind that your first job doesn't have to be your dream job," Maier said. "It's really important to use it as a learning experience."

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For almost a decade, it has been extremely difficult to lose money in the U.S. stock market. Over the next decade, it could be hard to do anything but.For almost a decade, it’s been extremely difficult to lose money in the U.S. stock market. Over the next decade, it could be hard to do anything but, according to analysts at Morgan Stanley.

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