Skip navigation
Watchlist Sponsored By :
Economy Video Gallery
Cramer recaps the anatomy of a bull market.
Factors that might kill a bull market.
Cramer says that stocks tend to move in repetitive markets.


Current DateTime: 04:22:26 25 Nov 2009
LinksList Documentid: 24355697
  • Runway Angels

      The superbowl of fashion shows, models walk down the runway at the 2009 Victoria's Secret Show.

  • Smartphone Guide

      Here's a need-to-know guide to nine devices, based on features, price, network and platform.

  • Wines for the Holidays

      Not quite sure what wine to pair with Turkey or Creme Brulee? Our experts do.

FEATURED QUIZZES


Current DateTime: 04:22:26 25 Nov 2009
LinksList Documentid: 33793611
  • How Well Do You Know Your Bird?

      Let's talk turkey. Test your turkey knowledge and perhaps pick up a bit of trivia to trot out at your holiday meal.

  • A Healthier & Wealthier You

      Take the following quiz and find out how much you know about the impact of obesity on the health of the U.S. economy.

  • The Billionaire BFF's

      Philanthropists. Bridge partners. Hockey players. Which responses are based on facts from Buffett's and Gates' real lives?


Current DateTime: 04:22:27 25 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

powered by digg
Job Outlook for '08 Grads: Fewer Offers, Higher Pay
By: Margaret Brennan,, CNBC Reporter | 04 Apr 2008 | 12:40 PM ET
Text Size

For those graduating college this year, getting a job will be a little harder than last year—but will likely pay more.

According to Challenger, Gray & Christmas, 12 percent of companies surveyed are cutting back on college hiring, though salaries are 3 percent to 7 percent higher.

The job market weakness is concentrated to Wall Street, retail, marketing, autos and real estate.

While MonsterTrak reports companies are hiring 17 percent fewer college grads for entry level positions, which sectors are hot? The answer: sales, information technology, accounting and administration. (See more in video at left.)

Challenger, Gray & Christmas says the education, energy and healthcare industries are still holding on—in part because of demographics.

But if Wall Street or real estate is your area of interest you'd better be ready to sell yourself.

One factor that's containing weakness in the new grad job market: With higher-salaried baby boomers leaving the workforce, companies are in need of lower-salaried, younger workers.

But job offers may be delayed or scaled back if the economy doesn't pick up in the second half of the year.

JP Morgan Chase canceled half of the 250 job offers extended to students by Bear Stearns.

Many recruiters are now trying to spend less on the process.

MIT Sloan School of Management says it is seeing a less than 1 percent decrease in recruiting. But recruiting tends to lag the economy, it could be the class of 2009 that experiences the impact of the downturn.

© 2009 CNBC.com
Tools:
Print EmailAdd This share icon
  • digg share

CNBC HIGHLIGHTS

  • For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
  • Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
  • Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
  • More shoppers than ever plan to comparison-shop this season. Who will benefit?
  • It may be the most unusual guide to business you'll read.
  • Cut Credit cards
  • How can you get out of debt and back on the road to recovery? Follow these ten steps.
ADD COMMENTS
Remaining characters


Current DateTime: 12:56:54 25 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 10:38:03 25 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 03:49:36 25 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 10:38:03 25 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters