EAT LANSING, Mich (WLNS) – There is good news for college graduates who expect to be looking for jobs in the coming year.
According to Michigan State University’s Recruiting Trends hiring is expected to jump 23 percent next year.
Driving that increase is a projected spike of 19 percent among companies hiring graduates with bachelor’s degrees.
That number is nearly doubled, to 37 percent, by companies looking to hire graduates with associate’s degrees.
Phil Gardner, survey author and director of MSU’s Collegiate Employment Research Institute says “the college labor market has enjoyed six years of steady improvement since the depths of the recession between 2009 and 2010.”
The report gathered information from 4,350 employers at companies of all sizes in all major industries.
Hiring is expected to climb for graduates at all levels with the lowest hiring percentage, 12 percent, for doctorates.
A majority, 70 percent, of the employers surveyed said growing business is behind the hiring surge.
The heaviest growth is expected in the hospitality and food services; finance; real estate and leasing; arts and entertainment; transportation; and retail and wholesale trade.