Dive Brief:
- Yahoo Finance reports, according to a new survey from CollegeGrad.com, entry level hiring is at its highest rate in 15 years. Over 400 of the top entry level employers in the USA were polled and figures indicate hiring is predicted to be up by 8.5% over previous years.
- This increase in entry level hiring can be attributed to an increasing demand for talent and a rapidly expanding economy, making it a "job seekers' market," says Brian Krueger, CollegeGrad.com's CEO says.
- Amazon,Capital One, Enterprise Rent-A-Car, Dell, Vanguard, and Staples are just a few of the companies looking to hire new college grads this year.
Dive Insight:
The quest for talent is taking on new levels of competition as companies are focusing on hiring more new grads for entry level opportunities. This makes perfect sense because entry level hires are ripe for training and developing into the skilled labor source that companies need.
Couple this with the recent report that millennials are hungry and are not job hopping around, initial investments are more than likely to pay off for employers.
Now, for recruiters facing this market that favors job seekers, it's going to take a lot more work to connect with college students and even high school students to get them on board with entry level careers.
