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New Report: 70% of Businesses Plan to Hire 2012 College Graduates in Coming Year

San Francisco Chronicle (05/23/12)

A new national survey of businesses by the Academy of Art University and CALinnovates reveals that 70% of businesses plan to hire 2012 graduates in the coming year, with only 11% of those companies saying they plan to hire fewer graduates than they did in 2011. Some 21% of respondents say their companies will hire more than 10 new graduates, and another 11% will hire five to 10 new graduates.

Fifty-five percent of respondents say they are optimistic about the future of conditions in their industries. Another 37% say they expect economic conditions to be the same, and only 9% expect conditions to be worse.