how many college grads are actually able to get a job?

Consider the following results from a recent study performed by the National Association of Colleges and Employers to find out really how many college graduates are able to obtain jobs.

Statistics do not lie. Now here's the million dollar question: Do you have a Plan B?

The 2009 crop of college graduates is stepping off campus and into the “real world” with fewer jobs in hand than their 2008 counterparts, according to a new report from the National Association of Colleges and Employers (NACE).

NACE’s 2009 Student Survey shows that just 19.7 percent of 2009 graduates who applied for a job actually have one. In comparison, 51 percent of those graduating in 2007 and 26 percent of those graduating in 2008 who had applied for a job had one in hand by the time of graduation.*

...

“On average, engineering graduates expect to earn an annual starting salary of approximately $62,000, while accounting majors expect to earn an average of about $45,000,” says Mackes.

Those expectations match up fairly well with the reality. In a separate survey, NACE has found that salary offers to engineering graduates average more than $58,000, while the average offer to accounting graduates exceeds $48,000.

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