Economic News to Cheer About

April 12, 2011 at 8:35 am | Posted in Job market | Leave a comment
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Stacie Stormer

Has all of the recent bad news been bringing you down? It has for me. In particular, I have been exhausted by the string of negative economic news. For many of our students, it seems, all they have ever known is negative economic news. So, I searched for some news to lift my spirits and this is what I found:

  • Planned private sector layoffs are down. In fact, according to a recent report released by Challenger Gray and Christmas, downsizing has not declined this much in the first quarter of a year since 1995.
  • Employers are planning to hire more employees and interns. In surveys of employers conducted by the National Association of Colleges and Employers, employers plan to hire 13.5% more bachelor degree graduates and 7% more interns for 2010-11 than they hired in 2009-10.
  • There are industries that are growing (12 in fact). It is widely known that industries such as healthcare and computer systems design are growing, but did you know that performing arts and sports, metals manufacturing and transportation grew in 2010? In this article, you may be surprised by the other industries that also grew in 2010.

As career advisors, counselors and coaches, we often play the role of the “cheerleader” for students. Perhaps like me, remaining optimistic has been challenging at times. However, this recent news does give us something to genuinely cheer about! What do you think?

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