A year after a jobs bust, college students find a boom (subscription)

Seniors and graduates are again in demand as companies revive recruiting, underscoring the economic premium that comes with a diploma.
By: | October 8, 2021

Trevaughn Wright-Reynolds, a senior at Colby College in Maine, expected a lengthy job search when he returned to campus in August. “I wasn’t sure how much interest I was going to get,” he said. “I didn’t know what to think of the job market.”

It didn’t take him long to find out. By September, he was in the final round of interviews with several suitors, and on Oct. 1, Mr. Wright-Reynolds accepted a position with a proprietary trading firm in Chicago. “I didn’t think I would get an offer this quickly,” he said.

For many college students, the pandemic’s arrival last year closed off the usual paths that lead from the classroom to jobs after graduation. On-campus recruiting visits were abandoned, and the coronavirus-induced recession made companies pull back from hiring.

But this year, seniors and recent graduates are in great demand as white-collar employers staff up, with some job-seekers receiving multiple offers. University placement office directors and corporate human resources executives report that hiring is running well above last year’s levels, and in some cases surpasses pre-pandemic activity in 2019.

Read more a The New York Times.