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Originally Posted by 32AATopIPEandDub  Wait, the economy sucks right now, yet more companies are looking to hire fresh college graduates? I think you have got your information mixed up. I have friends that have graduated from Georgia Tech and UC Berkeley with GPAs higher than 3.5, yet they can't find a decent job right now. Of course, they have higher standards than somewhere like Enterprise. |
Actually throughout periods of economic slowdown that tends to be the case. More experienced, expensive workers are getting laid off for cheaper labor. I work in industrial engineering and we are doing it all the time now, layoff one guy with 10-20 years experience making 100K, and hire two guys fresh outta college at 45K a piece, you save 10K, and aside from a couple month ramp up time, you've almost doubled your production.
IF you friends are business or engineering majors, something will come their way, the average grad doesn't find a job til 6-9 months after graduation.