Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

More college graduates have jobs waiting

By Blake Ellis, staff reporter


NEW YORK (CNNMoney.com) -- More college graduates are heading straight into new jobs this year, a study from a college employment group showed Thursday.

The number of college seniors who already have post-graduation jobs lined up jumped to 24.4% this year, up from 19.7% of the graduating class of 2009, according to a study from the National Association of Colleges and Employers.

While the increase in graduate employment is a positive trend, the uptick may be a result of more students accepting the jobs they are offered as they realize how tough it is to find a job in this economy, Marilyn Mackes, NACE executive director, said in a prepared statement.

It turns out that while more graduates have jobs waiting for them, employers actually extended slightly fewer job offers to this year's graduating class.

NACE said that 39% of students in the graduating class of 2010 said they had received job offers, and 59% of those students took the jobs.

Last year, 40% of graduates were offered jobs, but only 45% accepted the offers.

"There appears to be a greater awareness of the economic realities among this year's graduates, and greater flexibility in the types of jobs they will consider," said Mackes. To top of page

Index Last Change % Change
Dow 21,711.01 97.58 0.45%
Nasdaq 6,422.75 10.58 0.16%
S&P 500 2,477.83 0.70 0.03%
Treasuries 2.28 -0.04 -1.89%
Data as of 10:52pm ET
Company Price Change % Change
Advanced Micro Devic... 14.76 0.65 4.61%
AT&T Inc 38.03 1.81 5.00%
Ford Motor Co 11.06 -0.21 -1.86%
Bank of America Corp... 24.21 -0.27 -1.10%
General Electric Co 25.59 0.15 0.59%
Data as of 4:15pm ET
Sponsors

Sections

The Congressional Budget Office narrows its projection for when Treasury will run short on money if Congress doesn't raise or suspend the country's debt ceiling. More

Apple is teaming up with medical device maker Cochlear Limited to allow cochlear implant users to stream sound right from their iOS devices. More

It's never too late to improve your chance of having a more secure retirement, but you'll need to put retirement planning at the very top of your list of financial priorities. More