Thursday, May 27, 2010

glimmers-of-hope-for-grads: Personal Finance News from Yahoo! Finance

"Glimmers-of-hope-for-grads: Personal Finance News from Yahoo! Finance:
This spring's college graduates face better job prospects than the dismal environment encountered by last year's grads. But that doesn't mean the job market is thriving.

Average starting salaries are down, and employers plan to make only 5 percent more job offers to new graduates this spring compared to last spring, when job offers were down 20 percent from 2008 levels, according to a study by the National Association of Colleges and Employers, which tracks recruitment data."

It's hard for newcomers into the workforce to compete with the long line of currently unemployed, especially since those out of work will already have years of experience padding their resumes.

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