LoginThe job market for recent college graduates improved in 2013, according to the Collegiate Employment Research Institute (CERI).
New college labor demand increased three percent over 2012 across all degree areas. The three percent figure is consistent with hiring projections of several business schools nationwide, according to Bloomberg.
The desirability for workers with a four-year degree went up five percent. The slight increase is due to an uptick in demand for marketing, finance, human resources and advertising majors and softening hiring needs for engineering, accounting and computer science experts. The demand for those with two-year degrees, particularly in healthcare technology, applied engineering and business, saw the sharpest incline, up 30 percent over last year.
The report also noted that political and economic uncertainty continued to weigh down the hiring market for college grads. Of 4,3000 managers and recruiters surveyed by CERI, only slightly more than half could report their hiring targets for the year because of unknown future factors.
While hiring prospects are showing signs of improvement, salaries for recent grads also appear to be on the upswing. According to the National Association of Colleges and Employers, the average salary for 2012 business graduates was $51,541, but by 2013 that number increased to $53,850, reports Bloomberg.