Starting Out: 2008 Job Prospects for College Graduates

Posted by: Allie P. | Mar 28,2008

The 2008 job prospects for college graduates who are just starting out look promising, according to a new study. According to Chicago-based Challenger Gray & Christmas, an outsourcing firm, 22% of American companies plan to hire more college graduates this year than in 2007. The study found that only 12% of companies in the U.S. plan to cut back on new hires, making 2008 job prospects for college grads in some areas a little less promising.

 

A recent financial headline discussed how Boomers are choosing to retire early-in droves. The amount of talent leaving the job market may mean that there are more job prospects for college grads than there have been in recent years.

 

Student credit cards help college graduates build credit and may improve 2008 job prospects for people starting a new career. More and more frequently, particularly in the financial sector, hiring companies will run credit reports on college graduates who are just starting out. This gives companies a big picture view of how new hires will be able to juggle different responsibilities. The credit report also provides companies with a sense of a graduating student’s reliability and character. Building and establishing a solid credit history with a student credit card before college graduation might just help improve your job prospects this year.     

 

 

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