April 2010

Spring accounting grads fare better in hiring than their peers

From accountingweb.

For the first time since October 2008, employers plan to increase hiring of new college graduates, showing the job market has turned a corner, a new report states.

Employers this year plan to hire 5.3 percent more new college graduates than they did in 2009. “This report comes as good news for the Class of 2010, and bodes well for next year’s class,” according to “Job Outlook 2010 Spring Update” by the National Association of Colleges and Employers (NACE), which surveyed 177 employer members.

Following the stock market crisis, employers drastically cut back on hiring recent college graduates. Hiring of this group in 2009 dropped by nearly 22 percent from 2008 levels, even though employers had previously predicted a small increase in hiring for the Class of 2009.

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