The economy is not doing good at all! First it was the crash of the real estate market, then the banks, and now it is the auto industry. New college students are facing a disappointing stage in their lives with the downsizing of all the big companies.
If you have heard lately, Circuit City have shut down 150 of their stores. StarBucks also closed down many stores globally. Ebay is another company that also cuts down their work force. The reasons these companies are downsizing because during these economic drought there are only two things they could do: 1-increase revenue 2-cut expenses. While increasing revenue is extremely hard to do, it is much easier to cut the expenses by getting rid of people.
The new college grads will not likely going to land on a job that they have been dreaming. Due to the limited job position, employer will be very picky about who they are going to hire. Their ideal emplyee will be someone with work experience or education level that is higher than a BS or a BS.
The key in getting that job is to make yourself unique. Learn some other traits (computer skills, computer software, marketing, customer services) that will combine with your current degree and present yourself as the golden trophy to the potential employer.
President elect Obama promises to create about 2.5 million jobs during his presidency. Lets hope that this will happen, so that all the hard work that students have put into getting that degree is worth something.
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