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The Cornell Daily Sun - Independent Since 1880

The Cornell Daily Sun (https://cornellsun.com/2008/10/29/america-ready-0/)

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October 29, 2008
Uncategorized

Is America Ready?

By | October 29, 2008
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  • Survey Shows Employers Are Now Less Likely to Hire

    By Nikhita Parandekar October 29, 2008

    The recent economic turmoil has already gotten a lot of college seniors thinking about their job options, but recent statistics show that they might need to think harder. The National Association of Colleges and Employers conducted a survey in August of 219 employers that projected a 6.1-percent increase in hiring for the class of 2009. NACE conducted the same survey again this month, and 146 of the original 219 employers responded, revealing that the projected outlook had dropped to a 1.3-percent increase.
    According to Edwin Koc, NACE’s director of strategic and foundation research, the organization decided to conduct the survey again because of the recent chaos in the stock market and the credit crunch.

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