Finding Work is Tough Work

Grads find fewer firms hiring

Wednesday, Nov 5, 2008  |  Updated 9:09 PM CDT
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Finding Work is Tough Work

Chicago Sun-Times / John H. White

DePaul senior Lauren Gebbie hoped to work at a financial firm. But her job hunt yielded nothing, and she’s seeking an internship.

Many students about to graduate are finding fewer jobs and fewer companies even willing to offer interviews. A survey by the National Association of Colleges and Employers found that about half of all companies were cutting back on the number of 2009 graduates they plan to hire. While many companies surveyed in August planned to increase hiring substantially, the new poll showed things had changed and the new number of expected hires would essentially equal the number hired last year.

Counselors at Chicago area colleges say companies are still recruiting new grads but fewer jobs are advertised and, in some cases, fewer recruiters coming to campus.

The Chicago Sun-Times has more details.

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