Students and Grads Again Uncertain About Job Market

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Minneapolis — April 7
College students and recent graduates are again pessimistic about the prospects they face in the job market. The candidates swung from optimistic to pessimistic in January and February, back to optimistic in March, and back again to pessimistic this month.

In February, for example, only 65 percent expected to find a new job within three months, but by March that percentage had increased to 73.5 percent. Yet the continuing flat stock market, subprime mortgage scandals, fears of recession and uncertainty in the political arena seem to be weighing heavily on the minds of college students searching for internships and recent graduates hunting for entry-level jobs and other career opportunities.

CollegeRecruiter.com, a job board for college students searching for internships and recent graduates hunting for entry-level jobs and other career opportunities, conducts a monthly poll in which candidates are asked, “If you were to start looking for a new job today, how many months would you expect it to take to find one?” In April, 64 percent expected that it would take them only three or fewer months, but only 5 percent believed it would take them longer than a year.

“We were disappointed to see that the majority of college students and recent graduates who use CollegeRecruiter.com to find internships, entry-level jobs and other career opportunities were again pessimistic about their ability to find a new job quickly,” said Steven Rothberg, president and founder of CollegeRecruiter.com. “We are, however, not surprised. News that the nation had shed 80,000 jobs over the previous month was announced just days before we conducted our poll. The dismal job market news can only make a tough job market seem worse to those who are struggling to find an internship, entry-level job or other career opportunity.”

CollegeRecruiter.com updates the CollegeRecruiter.com Job Seeker Confidence Index on a monthly basis. 

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