Relief for Panic-Stricken College Grads

April 24, 2002

“...This year, sales positions account for 19% of entry-level positions available to college graduates, while administrative and support services positions account for 13%, according to a study from Monster.com. “If they look at education, health care and nonprofit, they’re also going to find there are jobs available,“ says Ken Ramberg, senior vice president with MonsterTRAK, Monster.com’s college graduate resource center.

In fact, competition for graduates in the medical space is so tight that employers have begun offering signing bonuses between $5,000 and $10,000 and tuition repayment programs—perks once reserved for high-tech graduates. “There’s a huge shortage of nurses. The projections show there will be a shortage up until at least 2008,“ says Roberto Angulo, CEO of the college recruiting service AfterCollege.

Other areas, such as biotechnology and pharmaceutical research, are also hot, Angulo says. And many jobs don’t require a degree in chemistry or nursing. “It’s all about applying knowledge a student has in one area to another discipline. An electrical engineer could go into something like medical imaging,“ he says…“

Source: TheStreet.com


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