Employers hiring nearly 27% more new grads; ‘best seller’s market’ since 2000

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November 22, 2021

Things are looking good for the upcoming class of 2022 grads, the National Association of Colleges and Employers reported last week. Employers plan to hire 26.6% more new graduates from the class of 2022 than they did from the class of 2021, according to a report released by the organization.

“With job openings exceeding 10 million and the unemployment rate now below 5%, employers are obviously viewing a very competitive labor market,” said Shawn VanDerziel, NACE executive director. “This suggests that employers will be intensely focused on talent acquisition in the coming year. We are in the midst of the best seller’s market since 2000.”

In comparison, employers planned to make 0.1% fewer hires for the fall class of 2021 grads.

NACE’s survey included 157 respondents and took place from Aug. 18 through Oct. 1.

It also found employers’ perceptions of the job market has changed. The largest group of respondents, 48.6%, rated the overall job market for class of 2022 graduates as “very good” and 14.1% rated it as “excellent.” Last year, just 3.9% of respondents rated the overall job market for class of 2021 graduates as “very good” and only 0.5% deemed it “excellent.”


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