September 30, 2009 08:30 ET

Colleges & Universities Mixed on Career Prospects for Recent and Future Grads

According to Survey, Two Thirds of College and University Career Counselors Expect Job Market to Turn Around by Sometime Next Year While One Third Think Rebound Is Further Off; Networking, Advanced Planning and Use of Tools Like Social Networks Among Top Recommendations for Success

NEW YORK, NY--(Marketwire - September 30, 2009) - As a cloud of uncertainty hangs over the employment market for recent and future grads, two thirds (67%) of colleges and universities expect to see a turnaround by sometime in 2010. One third (33%) don't expect the job market to improve until 2011 or beyond. Networking was overwhelmingly cited among key recommendations for success in the job search process, along with more advanced planning, utilization of social networks and overall increased effort.

These responses, from a recent survey of college and university career counselors, suggest some optimism amid one of the toughest job markets in years. The survey was conducted by, a career and hiring management tool for the finance industry.

91% of respondents noted that they have seen an increase in alumni reaching out to university career services for job search help. 41% responded that students are planning much further in advance of graduation to land a job than in years past. As students work harder to get ahead, they are being met with new challenges along the way. For instance, 69% of respondents noted that the number of firms and recruiters planning to visit their respective schools had decreased compared with previous years.

"The sentiments being expressed by the college and university career counselors surveyed mirror a lot of what we're hearing and seeing in the market," said Skiddy von Stade, chairman, "The fact of the matter is that there are jobs available for those who work hardest to find them, but it's no longer enough to have a degree and send out some resumes. Recent and soon-to-be grads must use every tool and search strategy at their disposal to have the best chance at success. Our constantly growing roster of college and university partners is just one example of the steps being taken to give students access to more opportunities."

An overwhelming 87% of career counselors surveyed noted that they're recommending students take advantage of tools like social networks to enhance their searches. Widespread access to new technologies for job searching could account for some students' positive outlook on their career prospects. 61% of survey respondents noted that their current students were confident that they would find a job by graduation.

"It's certainly a tough job market but dedication and commitment to a disciplined job search still go a long way in helping to improve chances for success," said von Stade. "Job searchers who keep their nose to the grindstone will reap the biggest rewards."

The survey was administered online August 31 - September 10, 2009. Respondents who took the survey were invited to participate via email and worked in the career center of a U.S. college or university. is a career management tool that precisely and efficiently connects finance professionals with hiring financial firms to help them network and achieve career goals.


Founded in 2008, is the first online career and recruitment management tool that precisely and efficiently connects finance professionals and companies. Powered by a patent-pending match algorithm, helps candidates achieve career goals, and enables hiring managers and recruiters to precisely and immediately connect with the most qualified finance professionals, reducing expenses, wasted time and inefficiencies. For more information, please visit

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