A recent www.ere.net article indicates that, with jobs not exactly being plentiful, many recent college grads are accepting any jobs offered, even if they are not their dream jobs. If you are a contract recruiter, you may be able to assist them by providing contract opportunities that may help them bridge the gap and gain useful experience.
The article cited a survey by the National Association of Colleges and Employers (NACE) that showed only a quarter of those graduating in 2010 had a job lined up after graduation. Even grads from prestigious schools, such as Harvard, are struggling. Unemployment numbers seem to back up this survey – while the unemployment rate was 4.9 percent for those with bachelor degrees, it rose to 8 percent for those under age 25.
Even those who successfully find a job in their field often have to accept a lower salary to secure those jobs. Another NACE survey showed that the average salary offer for those with a bachelor degree declined 1.7 percent to $47,673.
We’ve already noted in previous blog articles how certain characteristics make Millennial’s great contract candidates. By providing these younger workers with contract opportunities, you may find a road to economic recovery for both you and your candidates!