Post-Crash Grad Job Security – Looking Up!

Post-Crash Grad Job Security – Looking Up!

World economists believe that one indicator of the health of the world economy is its quality of job offers. In the US, long considered the world’s economic thermostat, the job numbers are finally moving back up, at least in one sector.

Climbing to the top demands strength, whether it is to the top of Mount Everest or to the top of your career.-Abdul Kalam

Yes, the job market reports the most encouraging news since the economy sank in Fall 2008. Have we finally hit bottom? Could the great hangover at last be clearing?

Even better news— that’s not just offers, but starting salary offers. That’s right. Starting salary offers.

But, wait. These new optimistic numbers are not for everybody. This rising tide of job offers is for grads, new college graduates.

For the new grad, the average salary offered to 2010 graduates is $48,351. That’s down a mere 2 percent from the 2009 average of $49,353.

And for you new grads, you are still way up in both dollars, and in security, from job seekers with no degree. Your class of 2010 also ends the year with the good news is that drops in starting salaries seem to be leveling off.

Several surveys reveal an increasingly upward trend in hiring— for the college Class of 2011— in all US regions. Employers in the West are said to project the biggest increase, (followed by employers in the Midwest).

This all adds up to about 13.5 percent more new 2011 grads being hired from the Class of 2011, than those hired in 2010.

That’s a big jump for the prospects of you new grads!

Want to take a look at your prospects, and starting salaries? Congratulations, Class of 2010!

Best Undergrad College Degrees By Salary - Full List

This chart is based upon PayScale Salary Survey data for full-time employees in the United States who possess a Bachelor’s degree and no higher degrees and have majored in the subjects listed above. These results may not represent all graduates with these degrees. All colleges and universities across the nation were included. As a result, median salary figures may be skewed toward large state universities, since these schools have the largest attendance. Salary is the sum of compensation from base salary, bonuses, profit sharing, commissions, and overtime, if applicable. Salary does not include equity (stock) compensation.

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