In these tough financial times, the future appears bleak for spring graduates.
Graduates may earn their degrees, but the state of the economy may affect their earnings.
According to the Bureau of Labor and Statistics, payrolls are falling and the unemployment rate is increasing; it is now at a 16-year high.
As of late January, the unemployment rate in North Carolina sat at 8.7 percent, which is the seventh highest in the nation, including the District of Columbia.
“The job market in industries such as health care, information technology, accounting and biotechnology remains strong,” said LaMonica Singleton, interim department head of career services.
“There are also geographic differences where the market may be strong for certain jobs.
“For example, the D.C. area is still a growing market for federal government opportunities. Only government indicated an increase in hiring, while manufacturers and professional services remain at current levels.”
Justin Pabon, a sports management major graduating in December 2009, says he is not afraid to face the work world amidst this struggling economy.
“My time at WSSU has prepared me to hit the ground running,” Pabon said.
“I am getting hands-on experience, researching the field and staying aware.”
Pabon said he is not limiting himself to a job in his field saying he is just eager to get to work with a steady paycheck. He is also willing to relocate if necessary.
One option in helping students find employment is WSSU’s Office of Career Services.
The Office of Career Services will host the Part-Time/Summer Job Fair in April.
“We will host a number of On-Campus Recruitment events and Spotlight Presentations in spring 2009 as well,” Singleton said.
Singleton suggests students start their job search early.
“In this tight market, the best advice for students is to line up a job now,” she said.
“Start your job search early, at least a semester or even a year ahead of graduation. Network as much as you can. Reach out to alumni. Join professional associations. Even use connections you have through relatives and friends.
“As new graduates compete for jobs with more-experienced candidates, internships become increasingly important.
“In a tight labor market like this, employers are looking to get their money’s worth. They’re looking for internships and someone who is more aggressive,” Singleton said.
Singleton recommends that students get as much experience as they can in your field through internships or part-time work, even if it is unpaid.
“Internship offers might disappoint students looking for full-time work,” Singleton said, “but it’s an opportunity to do a good job, get noticed by the company, and be one of the first ones to get hired when the money does begin to flow again.”