What We’ll CoverWhat We’ll Cover

Job Market for New College Graduates

Who’s in Demand?

Preferred Methods of Hiring

The job market for new college graduates

Hiring Projections Hiring Projections by Sectorby Sector

Overall, employers plan to increase hiring of new college graduates by 14.5 percent this year

By Sector:

Manufacturers plan to increase by 8.2%

Service employers plan to increase by 21.6%

Govt/Nonprofit plan to increase 3.2%

Hiring Expectations From 2004-05 to 2005-06

• Services More Fewer Same 71.3% 14.7% 14%

• Manufacturing 63.7% 22% 14.3%• Gov./Non-Profit 43.8% 25% 31.2%• _____________________________________• Total/Overall 66.5% 18.2% 15.3%

Projected Increases in Hiring Projections By Region

• Northeast-25.8% increase

• South-17.6% increase

• Midwest-0.8% increase

• West-15.8% increase

Hiring Expectations by Regions

Region More Fewer Same◊Northeast 66.7% 17.6%

15.7%

◊South 77.5% 15.0% 7.5%

◊Midwest 60.3% 15.9%23.8%

◊West 54.8% 28.6%16.7%

Hiring Expectations by Employer Type

Employer Type 2004-05Actual Hires 2005-06 Projected Hires % Change

●Building Materials 451 864 91.7%●Transportation 265 441 66.2%●Chemical/Applied Products 113 184 62.4%●Petroleum/Applied Products 219 225 53.2%●Computer Software Dev. 1263 1880 48.9%●Financial Services 812 1140 40.3%●Merchandising Retail/Whsa 1005 1264 25.8%●Engineering/Surveying 228 225 24.8%●Accounting-Public 137 170 24.5%●Food/Beverage Processing 482 586 21.6%●Research Organizations 213 187 -12.2%●Communication Services 439 364 -17.1%●Mechanical Equipment 99 63 -36.4%

Projected Campus Visits by Sector

Industry 04-05 Actual Visits 05-06 Projected Visits % Change

►Service 2326 2479 6.6%

Avg. 18 (campus visits per. yr.) 19

►Manufacturing 1731 1850 6.9%

Avg. 18 20

►Govt./Non-Profit 370 358 -3.2%

Avg. 22 21

▲TOTAL 4427 4687 5.9%

Avg. 18 19

Employers Expectations for Fall Hires -2004 vs. 2005 and Salary Expectations

►More Hires 35.8%

►Same # of Hires 33.5%

►Unsure 27.4%

►Fewer Hires 3.3%_________________________________________

▲Same Salaries 49.8%

▲Higher Salaries 46.9%

▲Lower Salaries 0.0%

▲Other 3.3%

The job market for new college graduates

Employer intentions for on-campus recruiting during Spring 2005

2.2%

9.3%

14.2%

27.5%

46.9%

0% 10% 20% 30% 40% 50%

Other

Unsure

No plans

Tentative plans

Firm Plans

The job market for new college graduates

Hiring Projections by Region-Projected College Hires

+13.3% +15.1%

+8.9%

+13.9%

Northeast Midwest Southern Western

The job market for new college graduates

Northeast: Spring recruiting plans: 76% plan to recruit on campus. Targeting business administration, electrical engineering, mechanical engineering, accounting, and computer science majors

Midwest: Spring recruiting plans: 70% plan to recruit on campus. Targeting accounting, economics/finance, business administration, mechanical engineering, and computer science majors

South: Spring recruiting plans: More than 73% plan to recruit on campus. Targeting business administration, accounting, mechanical engineering, economics/finance, and electrical engineering majors

West: Spring recruiting plans: More than 80% plan to recruit on campus. Targeting electrical engineering, computer science, business administration, computer engineering, and mechanical engineering majors.

Who’s In Demand?

Top Degrees In Demand

Bachelor’s Level•Accounting

•Business Administration

•Electrical Engineering

•Economics/Finance

•Mechanical Engineering

•Computer Science

•Information Sciences

•Marketing Management

•Management Info Systems

•Computer engineering

Master’s Level•M.B.A.s

•Electrical Engineering

•Mechanical Engineering

•Computer Science

•Computer Engineering

Doctoral Level•Electrical Engineering

•Computer Engineering

•Chemistry

•Chemical Engineering

•Physics

•Mechanical Engineering

Who’s In Demand?

Who’s Hiring? (Bachelor’s level)

Major most interested % of employers respondents

Accounting………………………..accounting services……………………………………….. 100

utilities………………………………...…………………… 80

financial services……….……………………..…………… 67

Business admin…………………...merchandisers……………………………………….……… 79

food/beverage process .mfg……………...………….……... 70

financial services……………………………..….…….…… 58

Electrical Engineering…………….Electrical./electronic machinery &equip. mfg…………..…. 90

Utilities…………………………………………….…...… 80

Government (federal)…………………..………………....…70

Mechanical Engineering………….Utilities……………………………………………….…… 90

engineering/surveying………………………………….…. 64

*electrical/electronic machinery& equip. mfg……….…… 62

* Government (federal)……………………………….…… 62

Economic/Finance………………..Financial services……………………………….…….…… 75

Utilities…………………………………………….……..... 70

Merchandisers……………………………………………… .63

Who’s In Demand?

Associate Degree Candidates

Overall Projections: 27.8% of employers plan to hire associate degree candidates this year (down from 33.3% last year)By Sector: *Government/Nonprofit Employers: 40.7% plan to hire associate degree candidates *Service employers: 27.6% plan to hire associate degree candidates *Manufacturing Employers: 26.8% plan to hire associate degree candidatesBest Bets: Insurance companies Utilities companies Electrical & Electronic Machinery ManufacturersSalary Projections: Engineering Technology(includes civil, computer, electrical, mechanical engineering technology) Average salary expected: $39,417 % Increase over last year: 2.2%

Business (Includes accounting, general business, marketing , and telecommunications) Average salary expected: $29,500 %increase over last year: 0.6%

Who’s In Demand?

International Students

Overall Projections: 23.7% of employers plan to hire international students for full-time permanent positions in the U.S. this year (down from 34.1% last year)

By Sector: *Government/Nonprofit Employers: 7.4% plan to hire international candidates *Service employers: 28.9% plan to hire international candidates *Manufacturing Employers: 19.8% plan to hire international candidates

Best Bets: Engineering/Surveying Firms Electrical & Electronic Machinery Manufacturers Computer Software Development & Data Processing Services Firms

Who’s In Demand?

Employers rate the importance of candidate skills

Communication Skills………………………………… 4.7Honesty/Integrity ……………………………………. 4.7Teamwork skills ……………………………………… 4.6Interpersonal skills …………………………………… 4.5Motivation/Initiative …………………………………. 4.5Strong Work ethic ……………………………………. 4.5Analytical skills ……………………………………… 4.4Flexibility/Adaptability ………………………………. 4.3Computer skills ………………………………………. 4.1Organizational skills …………………………………. 4.1Detail oriented ……………………………………….. 4.0Leadership skills ……………………………………… 4.0Self-confidence ………………………………………. 4.0Friendly/Outgoing …………………………………… 3.9Tactfulness …………………………………………… 3.8Well mannered/Polite ……………………………….. 3.8GPA (3.0 or better) ………………………………….. 3.7Creativity ……………………………………………... 3.6Entrepreneurial/Risk taker …………………………. 3.3Sense of humor ………………………………………. 3.3

Top Qualities & Skills Employers Look for in New Graduates

Who’s In Demand?

Top Skills Lacking In New Graduates

•Communication Skills

•Maturity/business etiquette

•Work Ethic

Who’s In Demand?

Employers Give Advice to Students

•Research, research, research

•Be open-minded

•Gain relevant work experience

Preferred hiring methods

Employers: Most Effective Recruiting Methods

•Organization’s internship program

•Organization’s co-op program

•On-campus recruiting

•Employee referrals

•Career/job fairs

Preferred hiring methods

Benefits of Experiential Education

Conversion RatesInterns: 31.9%

Co-ops: 33.6%

Percent of Respondents WithIntern Programs: 79.8%

Co-op Programs: 39.6%

Percent of Hires WithInternship Experience: 54.2%

Co-op Experience: 25.2%

Maintaining a program

For Employers: Strategies for gaining upper management support for your program

•Outline past successes

•Offer hard data

•Outline the consequences of eliminating your college program

•Focus on the future

Maintaining a program

Benefits of Hiring New Graduates

Benefits % of Respondents that identified

this as a benefit

Opportunity to mold futureleaders of the organization 88 %

New grads have cutting edge skills 51.9%

Easier to identify a diverse applicant pool 35.4%

Easier to fill positions because students are centrally located 21.2%

New college grads will accept lower salaries than experienced college grads 21.2%

Maintaining a program

Employers: Effectiveness of activities to maintain your image on campusParticipate in campus career days/fairs, open houses, site tours ………………… 3.9Provide info about your organization through company web site………………... 3.9Offer info sessions………………………………………………………………… 3.6Visit with faculty for informal exchange of information…………………………. 3.4Participate in programs for student clubs, fraternities, sororities ………………… 3.4Offer experiential education programs…………………………………………… 3.3Participate in conferences for career services officers and faculty ………………. 3.2Sponsor hospitality-oriented events for students, organizations, faculty and career center staff…………………………………………………….. 3.2Offer a speakers’ bureau, lecture series, and/or seminars, to student and/or faculty group………………………………………………………………. 3.2Offer resume critiques…………………………………………………………….. 3.0Participate in mock interviews……………………………………………………. 3.0Provide scholarships and/or grants……………………………………………….. 3.0

Maintaining a program

How Career Services can help employers

•Ask what you can do to help

•Provide info about opportunities available through your office as well as other campus departments and organizations

•Help employers get out the message out to all campus offices and students

•Let employers know where they will get the most “bang for the buck” on your campus