November 15, 2023
Employers are planning for a 1.9% discount in hiring for brand new graduates from the category of 2024, based on the Nationwide Affiliation of Schools and Employers Job Outlook 2024 report launched at the moment.
The determine signifies a decline from the expansion of 14.7% and 26.6% noticed in 2023 and 2022, respectively.
“To make sure, if the projections maintain, members of the category of 2024 are nonetheless getting into a robust job market, though they might should be versatile to achieve the place they need,” NACE president and CEO Shawn VanDerziel stated in a press launch.
“It bodes effectively for the present class that greater than three-quarters of responding employers price the job marketplace for the category of 2024 from ‘good’ to ‘wonderful,’ underscoring their notion of the present market’s power,” VanDerziel stated.
The survey additionally discovered that greater than 43% of employers plan to extend beginning salaries for the category of 2024 bachelor’s diploma graduates, whereas the remaining employers anticipate sustaining salaries eventually yr’s ranges.
VanDerziel famous that these findings counsel employers acknowledge the category of 2024 as a robust expertise pool, indicating potential competitors amongst employers to rent graduates from this class.
Information for the Job Outlook 2024 survey had been collected from Aug. 2 to Sept. 18, with 255 respondents, of which 180 had been NACE employer members.
