Some job markets for new grads

Jennifer McClelland | RSS | Mon, May 18 2009 | 5 Comments

So you just graduated college and you’re having a very difficult time finding a job in this job market, what are you going to do? What are the best markets to try to find work in the current economy?

In a recent Business Week article, writer Prashant Gopal, tries to answer these questions.

The graduating Generation Y job seekers have an advantage over others because they are young, single and familiar and comfortable with technology. For these reasons, they are more likely to be able to move and work long hours. They are also less expensive to employers, with both labor cost and health insurance (overall). One would think that with all these benefits, Gen Y job seekers would find work easily because that is what employers are looking for.

Well, this is obviously not the case today. Right now, graduates are having a very difficult time finding work even with all the benefits listed.

There are a few fields, however, that new grads are having a bit more luck in.

Many twentysomethings are having a bit of luck making their own work. Taking their strengths into account, new grads are starting more online businesses. When starting a business, you can expect a few things:
- You will work long hours
- You will have to be mobile
- You must know technology well and be fluent in more than just Microsoft Word.
Some other job markets that is typically dominated by twenty somethings and recent college graduates include:

1) The Airline Industry – With jobs like flight engineers and aerospace engineers, these jobs require more professional and trained employees.

2) Banking – Yes, bank tellers and analysts are some of the jobs open and surprisingly Utah is the best place to get into this field..

3) Retail Stores – Retail sales is where many business, particularly marketing, students end up after graduation.

4) Computer and electronics – It is always easy to deem the electronic and information technology field as a field that is particular to new graduates. The youngest job seekers have always been the ones that are more likely to know the most about advancements in technology.

5) Education

6) Government jobs in DC – The District of Columbia has a high median salary for those under 30.
At just over $55,000, the median salary of government jobs for those under the age of 30 keeps new grads interested in DC.

7) Hospitals – Jobs in nursing offer high median salaries for new graduates and the jobs are often plentiful right out of college.

Of course most of these jobs still aren’t hiring at the rate that people are graduating college. There are still a lot of issues surrounding the fact that more people are graduating than there are jobs.

So, when you graduate there may have to be a little bit of settling when it comes to just paying the bills.

Related posts:
Highest paying blue collar jobs
The Five College Degrees you will see a good ROI on
College graduates are finding work in some fields

Tags: generation y, aerospace engineers, twentysomethings