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For Most Graduates, Grueling Job Hunt Awaits

Wall Street Journal (05/07/12) Lauren Weber; Melissa Korn

Despite a 10.2% year-over-year increase in hiring by on-campus recruiters, most new college graduates this year will not have a job offer before they leave school. The job search for many new graduates will likely be a long one. In a new study by the John J. Heldrich Center for Workforce Development at Rutgers University, only 49% of graduates from the classes 2009 to 2011 had found a permanent job within a year of graduation, compared with 73% for those who graduated in the three years prior.