Great news for the Class of 2021! If you feel that you are finally seeing the light after so many months of uncertainty, you are right. According to the National Associate of Colleges and Employers (NACE) Job Outlook 2021 Spring Update, 29% of employers surveyed plan to increase hires compared to only 16.5% in the fall 2020.
According to NACE’s March 22, 2021 article titled COLLEGE HIRING REBOUNDS TO INCREASE 7.2%”
“Employers project hiring 7.2% more new college graduates from the Class of 2021 than they hired from the Class of 2020, according to NACE’s Job Outlook 2021 Spring Update. That’s a sharp increase from fall 2020, when employers expected to reduce college hiring slightly.
The rebound in hiring suggests optimism on the part of employers, fueled by expectations around the reopening of shuttered businesses, COVID-19 vaccine distribution, and the addition of jobs to the economy. While not at the pre-pandemic hiring levels seen in 2019, the overall increase does signal strong movement in a positive direction.
The Job Outlook 2021 Spring Update survey updates hiring projections for the Class of 2021. The original projections were reported in Job Outlook 2021, which was published in October 2020. The Job Outlook 2021 Spring Update survey was conducted from February 17 – March 12, 2021. Of the 207 total respondents, 146 were NACE employer members, representing 17.1% of eligible member respondents. The Job Outlook 2021 Spring Update survey was also distributed to nonmember companies; this group provided an additional 61 responses.
As always, reach out if you need any career help. We are here for you and things are looking brighter!