Comparing your school’s job market statistics with Drew’s

May 3, 2012 at 8:00 am | Posted in Job market | Leave a comment
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Coach Susan Sandberg

Susan Sandberg

A recent New York Times magazine article, called “Hello, Cruel World,” focused on the career status of 226 Drew graduates in the class of 2011 seven months after graduation. Located in Madison, NJ, Drew, which has a prestigious Wall Street internship program, ranks 94th among 178 private liberal arts colleges, according to the U.S. News & World Report’s annual list.  On a national level, unemployment among recent liberal-arts graduates is at 9.4%, higher than the national average. At Drew 17% of the NYT’s sample (226 students) of the class of 2011 is unemployed. Compare some of the following statistics and stories from Drew with your own institution and see how your students rate:

  • Statistics:  39% have full-time jobs, including six who have both full- and part-time jobs. 35% of students who are employed part-time have two or more jobs. 34% of jobs involve food service, retail, customer service, clerical or unskilled work. Employment by industry, including part-time jobs and internships, ranks from highest in Recreation and Hospitality down to Education, Finance, Nonprofit, Media, Retail, and lastly to lowest, Health. 22% of students are in graduate school.  The most popular graduate school program is Education, followed by Medicine, Dentistry, Nursing/Midwifery; Psychology and Social Work; Accounting, Business, and Marketing; Liberal Art, Sciences, and Law.
  • Internships:  74% of students who are interning are unpaid.  For one Drew student it paid off. Alex B writes, “A lot of it just came down to networking skills. I knew it was going to be hard, so I did a lot of internships. The best thing to do is to have them like you, to keep in contact during the year and hang out with them. I knew the job was there before I graduated. It comes down to networking well and knowing who you need to maintain relationships with when you’re not there.” Alex is now employed as a trainee at his former internship site in contrast to another classmate who turned down an unpaid internship at a law firm, saying “if you can’t afford to pay me $10 an hour, you don’t deserve to be in business.” She’s unemployed.
  • Entrepreneurial options:  A number of Drew graduates ended up in entrepreneurial pursuits.  Though it wasn’t in her plan, one graduate took a job in a friend’s holistic pet-food store and discovered that more money was being poured into pet care since the economy went bad. “Eventually,” she says, “I hope to start my own grooming business.”  Another graduate, a nutrition major, opened her own practice offering colonics-based nutritional treatments. “I started out making $100 an hour. I never thought I’d be able to make this business succeed—it’s such an off-label product—but it’s doing really well, and I’m looking to expand within the year.”

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