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College Grads are in Highest Demand Since 2001

Unemployment for College Grads Falls as Employers Compete for Top Talent

MILWAUKEE, WI--September 25, 2006--Employers are increasing entry level hiring and college grads are in the greatest demand in five years. According to the Bureau of Labor Statistics Employment Report, the August 2006 unemployment rate for people with a college degree fell sharply to 1.8% from 2.1% in July of 2006.

"The overall employment trend mirrors what we've been seeing among entry level employers," said Brian Krueger, President of CollegeGrad.com. "Not only are we seeing an increase in job openings, but employers have to offer increasingly lucrative packages to draw top entry level talent."

CollegeGrad.com recently posted an all-time record number of entry level jobs in September of 2006, reflecting this upward trend in hiring demand.

Employers are finding themselves competing to fill their hiring needs. "We are in a war for talent," said Toby Duffell, Recruiter for Parsons Brinckerhoff.

Cindy Bishop, Recruiting Manager for ARCADIS, agrees. "The hiring trend in our industry mirrors the hiring boom in the IT industry in the late 1990's. We have more open positions than available talent to fill them."

With the booming entry level employment market, college grads are finding themselves in the enviable position of landing multiple interviews, and potentially negotiating multiple offers.

"This is especially exciting for college students or recent grads who have heard any doom and gloom rumors about the entry level job market," said CollegeGrad.com's Krueger. "The reality is that entry level hiring is up and college grads are in demand. The jobs are out there, they just have to take the time to find them."

With more entry level career information provided to college students and recent grads than available at any other site, CollegeGrad.com is a great place to start. Job seekers can research potential careers, upload their resume, and apply to thousands of entry level jobs by visiting the CollegeGrad.com job site.

About CollegeGrad.com:
CollegeGrad.com is the #1 entry level job site on the Internet and is the leader in the field of entry level job search. Brian Krueger is President and Founder of CollegeGrad.com and author of the best-selling book for entry level job search, College Grad Job Hunter.

NOTE: The information contained in this press release and associated information may be reprinted in whole or in part as long as full attribution is given to CollegeGrad.com as the source of the information. This is an exception of our standard copyright policy for the material on this page only.