Employers Still Uncertain On Hiring New Graduates

(Wall Street Journal) — College graduates might find a better job market this academic year, but many employers are still uncertain if they will hire at all.  Thirty-six percent of companies that hired new graduates last year are either uncertain that they will hire or won’t hire this year, according to a survey by the Collegiate Employment Research Institute at Michigan State University. Among employers who didn’t hire new graduates last year, 76% said they won’t hire or aren’t sure. “Companies whose sales haven’t returned remain extremely uncertain,” said CERI director Phil Gardner. “They don’t want to make a commitment to hire when everything could still go foul on them.” The companies that aren’t hiring have expressed concerns about taxes, health-care costs, and the uncertain political picture in addition to economic woes, Mr. Gardner said.

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