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Class of 2015 grads to find best job market in years

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in Hiring,Human Resources

When “Pomp and Circumstance” plays at college commencement ceremonies next month, graduates can march confidently off stage knowing that their job prospects look good.

Hiring of 2015 college grads is expected to be up 16% over last year, according to a Michigan State University survey.

In fact, the researchers say, employers are recruiting new college graduates at levels not seen since the dot-com frenzy of 1999-2000. Seventy-four percent of hiring managers and HR professionals polled rated the overall new college labor market good to excellent. The average rating of 3.2 (on a scale of 1 to 5) was considerably higher than last year (2.8), and compared closely to 1999 levels.

Here’s where the job prospects are best for the class of 2015.

Fastest growing employment sectors for 2015 college graduates

% increase in hiring, compared to 2014

Information services   51%

Finance/insurance  31%

Business  24%

Government  24%

Manufacturing  17%

Source: Michigan State University survey, March 2015

“Hiring demand has been pent up for a while now,” Phil Gardner, director of Michigan State’s College Employment Research Institute, told Forbes magazine. In 2014, the overall hiring increase for new grads was just 7%.

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