College graduates can expect a slightly better job market this year, but research shows employers’ confidence is strained and many students aren’t doing enough to prepare for careers.
The job market for college graduates will grow about 3 percent this school year, according to Michigan State University’s annual Recruiting Trends report released Thursday. Growth is especially strong for associate’s degrees, which should see hiring increase by 31 percent as more jobs, particularly in manufacturing, require more advanced technical training and education than they used to mandate.
The overall outcome isn’t much different from last year, when hiring was to expand by 4 percent, but report author Phil Gardner said employers this year are leery about the European financial crisis and potential tax increases and spending cuts if Congress doesn’t address the fiscal cliff.
Hesitation leading up to the recent election didn’t help, either.