Recent College Grad? You are in luck
7 Jul
A recent report by The National Association of Colleges and Employers states that starting salaries for college graduates have risen over the past year and are continuing on that trend. The average starting salary for college grads as of summer 2011 is $51,018, up from $48,661 last year. These numbers are in vast contrast to numbers in 2010 when the starting salaries for college grads were lower than 2009.
Students graduating with social science and humanities degrees see slightly less salary increase (1.3%) compared with engineering degrees (8.1%) or English majors (6.6%). Even so, the increase in starting salaries is helping students to move away from home and live independently of their families who may be suffering financially.
Works4Labs recently launched its job searching tool that incorporates social media. It is proving to be convenient, effective and an innovative tool for college grads and employers alike. The website is a Facebook app that parses the career centers jobs into the University’s Facebook web page. This app then allows students who have a school e-mail address to upload their cover letter and resume right to Facebook and apply to multiple jobs at once. Works4Lab is essentially cutting down on the number of databases students have to search for jobs on and using Facebook as their anchor.
With the rise in starting salaries and more job opportunities for college graduates it makes one wonder if the job market is on the rise for the rest of the nation? It is hard to say how much these statistics can be generalized to the rest of the economy. It is certain that college graduates now have more prospective jobs to choose from and can be slightly more choosey when deciding between job offers. Moreover, even if salaries nationwide aren’t going up for the general population, these statistics give hope that the economy could turn around for the rest of the United States in the near future.
http://www.ere.net/2011/07/07/starting-salaries-rise-for-new-grads/#more-19827






