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Job prospects for the graduating class of 2008

Graduation for me is just around the corner (literally…I’ve got a little over a week) and in some ways I’m ready and other ways I’m not. On the one hand, I’m more than ready to be done with school; to say that I’ve got a case of “senioritis” is an understatement. But on the other hand, I’m not quite ready to be thrust into the “real” world. I’d need to find a “real” job then. “Real” meaning one that relates to my chosen field of study (journalism). If you’ve been reading my blog, you’ll know that in the class that’s tied to this blog, we’ve been talking about the world of journalism and the direction in which it’s going. Needless to say, I’ve lamented quite often that after four years of j-school, I don’t know if I’m fully trained and prepared quite yet for what’s out there. So, I’ve been looking into the job market for college grads and here’s what I’ve seen.

 

Kate Murphy of The New York Times says,

 

“Given that the economy is flagging, this would seem an inauspicious time to be graduating from college and looking for full-time employment.

Job prospects this year, however, have been better than career counselors and recent graduates had expected. Employers are still extending offers, just not as many as last year.”

 

 

That’s good to know that jobs are out there, but apparently just not as many. Can we say, competition?

As far as journalism jobs, according to Yasmin Anwar at the UC Berkley News,

 

“The number of online job postings has declined this year, however, reflecting a drop in “just-in-time hiring” as a result of weak economic conditions. “We’re anticipating a little bit of a downturn due to challenging market conditions,” Scott said.

The same applies to journalism graduates who are facing a shrinking newspaper and magazine industry. But a heightened emphasis at the Graduate School of Journalism on multi-media training appears to be paying off, said Rob Gunnison, director of school affairs there.

He said video production and Web skills are making journalism graduates “pretty saleable prospects.” Most of the 56 journalism students graduating this spring have landed jobs or are confident of securing something soon, he said, noting that some summer internships are essentially try-outs for permanent jobs.”

 

I guess it’s not looking completely hopeless, but obviously some multi-media and tech training would certainly go a long way.

In another article from the Times by David Leonhardt discusses the difference in the job market for men and women.

 

“…there has been an enormous natural experiment on precisely this subject over the last few decades. In the experiment, one big group of Americans has become vastly more educated, while another group has not. The two have created an excellent case study.

For the sake of simplicity, let’s refer to the first group as “women” and the second as “men.”

The relevant question is how much of a return women have gotten on their education. And the answer isn’t especially subtle. The return has been enormous.

Armed with college degrees, large numbers of women have entered fields once dominated by men. Nearly half of new doctors today are women, up from just 1 of every 10 in the early 1970s. In all, the average inflation-adjusted weekly pay of women has jumped 26 percent since 1980.

And men? Their pay has increased about as much as their college graduation rate — it’s up just 1 percent since 1980.”

 

 

So, have I been going to school for nothing? Or will my journalism degree do me well once I enter the “real” world?

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