Employers taking part in NACE's Job Outlook Spring Update survey now say they expect college hiring to remain relatively flat: Currently, they expect to hire 2.1 percent more new college grads from the Class of 2013 than they hired from the Class of 2012.
That's down from the 13 percent hiring increase they projected in fall 2012.
The new projection is consistent with recent job reports that show job growth is less than anticipated.
The Job Outlook Spring Update also shows:
- More than four out of five say they are hiring this spring for full-time and/or intern hires.
- Early projections for fall 2013 recruiting are promising: Approximately 30 percent say they plan to hire more new grads come fall, while about half anticipate maintaining their hiring at current levels.
At the same time, NACE's April 2013 Salary Survey--the first look at starting salaries for the Class of 2013--found that the average starting salary for new college graduates earning bachelor's degrees has increased 5.3 percent over last year
Per this report, the average
starting salary for these college graduates stands at $44,928, up from the 2012
average salary of $42,666.
Following are some of the report's highlights:
- The sizable gains in several disciplines have helped to drive up the average starting salary for the Class of 2013. With an increase of 9.4 percent, health sciences garnered the highest salary growth, which brings the average starting salary for these graduates to $49,713. Business also saw a large gain--7.1 percent--bumping the average salary for these graduates to $54,234.
- Education and computer science also saw ample increases. The average starting salary for education majors climbed 5.1 percent to $40,480, while the average salary for computer science majors jumped to $59,977, 4.3 percent higher than last year.
- Engineering (4.0 percent, to $62,535), communications (3.8 percent, to $43,145), and math and sciences (3.1 percent, to $42,724) all saw increases that exceeded 3 percent.
- Graduates with degrees in humanities and social sciences saw the smallest gain (1.9 percent, to $37,058).