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recent graduates, get ready to get screwed

Learn a skill that is rare/complex. That is the best advice I can give. I am trying to hire technology people and we end up paying people $75-90k with only a few years experience.
 
Tough year to graduate college. Our intern from last summer was in our office yesterday visiting, looking to find a job or get a lead on one after graduating. Can't find any Engineering firms hiring. If anything most firms are cutting jobs.
 
Definitely been bad for a couple years, and i think you could see that in ISU's increased grad school enrollment, now some are done with that and still not finding anything. The new jobs numbers are inching up, but the unemployment numbers have been kept lower than they 'really' were by a lot of college grads not 'officially' entering the workforce.

CloneIce, i know what you mean, my CE brother who is working on his masters at TAMU has had a hell of a time just trying to find an internship this summer. Even had one lined up, but they called and cancelled on him a week or so ago: one of their major clients was BP, who had just put several projects on hold. Before that i was trying to help find openings, and it was amazing to look online on ISU's job listings and see just how few there were.
 
CloneIce said:
Tough year to graduate college. Our intern from last summer was in our office yesterday visiting, looking to find a job or get a lead on one after graduating. Can't find any Engineering firms hiring. If anything most firms are cutting jobs.
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Depends on the kind of Engineering. My company has something like 100 posted open positions for Computer/Software/Electrical Engineers...
 
CloneIce said:
Tough year to graduate college. Our intern from last summer was in our office yesterday visiting, looking to find a job or get a lead on one after graduating. Can't find any Engineering firms hiring. If anything most firms are cutting jobs.
Click to expand...
Engineering firms are laying off as fewer things are buiilt and fewer projects are bankrolled. The action is in Asia for engineering.
 
maui6651 said:
Depends on the kind of Engineering. My company has something like 100 posted open positions for Computer/Software/Electrical Engineers...
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Would they consider someone who has been out of engineering for a while ...? :smile:
 
Marc936 said:
http://epi.3cdn.net/bf2c1bd6ad4b54f216_gam6ii89y.pdf



For the class of 2010, it will be one of the worst years to graduate high school or college since at least 1983 and possibly
the worst since the end of World War II.
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So basically your typical ISU grad, such as myself. Will be entering the worst job market since before they were born, and possibly since before their parents were born.

I can attest to how hard it is to find full time employment. I graduated in Dec '08 with finance and went back to graduate in accounting in Dec '09. If not for a friend offering me a half time job at his business I would still be unemployed. I imagine that it would be easier to get interviews if I was already done with the CPA exam.
 
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maui6651 said:
Depends on the kind of Engineering. My company has something like 100 posted open positions for Computer/Software/Electrical Engineers...
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Yep unfortunately he's a CE.

Its a double whammy. Very little private work going on, its still hard to get loans and not many clients wanting to take risks right now. Then all of the City/State/Counties are dealing with major drops in all form of tax revenue and in some cases diverting money for infrastructure projects to shore up other budget problems. Not to mention all of the competition between firms for work, as they all fight over jobs that many wouldn't have even pursued when the economy was good. It will come back but this is a tough time.
 
Now is the best time to stand firm and take advantage of new opportunties.

Those who start now will most certainly have a tough time.

However, in return, they will be in a very good position to benefit from the next growth phase. Both from their experience, and pain.
 
vmbplayer said:
So basically your typical ISU grad, such as myself. Will be entering the worst job market since before they were born, and possibly since before their parents were born.

I can attest to how hard it is to find full time employment. I graduated in Dec '08 with finance and went back to graduate in accounting in Dec '09. If not for a friend offering me a half time job at his business I would still be unemployed. I imagine that it would be easier to get interviews if I was already done with the CPA exam.
Click to expand...

Dude - bad, bad timing :sad:
 
brianhos said:
Learn a skill that is rare/complex. That is the best advice I can give. I am trying to hire technology people and we end up paying people $75-90k with only a few years experience.
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curious. what skills do you consider rare/complex?

thinking about going back to school...
 
It was a tough time in the 80's when I started at ISU, but by the time I graduated in 89 the economy was turning better. Nobody wanted to go into agriculture when I started school(I still look back and wonder what I was thinking....) and we had one of the smallest classes in 50 years, but it really worked in our favor when we graduated as there were more jobs than graduates.

It's tempting to get a graduate degree when times are tough, but I think most employer prefer experience over more education(at least in the business field it works that way). Swallow your pride and work at retail store or something else for a few years and get some work experience and I promise you'll look more attractive to employers. Starting your own business can be a great idea. I have an old high school friend who got kicked out of highschool and bounced around for a few years. Eventually he started a drainage company and is a multi-millionare now.

It will cycle better eventually.
 
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