NACE - Knowledge Center - NACE Index Shows Steady Improvement in Job Market

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NACE Index Shows Steady Improvement in Job Market Spotlight Online for Career Services Professionals, December 8, 2010 Spotlight Online for Employment and Recruiting Professionals, December 8, 2010

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The job market for new college graduates continues to show improvement, according to NACE’s current hiring index, which tracks anticipated hiring activity. The November 2010 hiring index shows college hiring at 127.7, up slightly from 126.4 in October 2010, but up significantly from November 2009, when the index stood at 87.2. (See Figures 1 and 2.)

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The index is based on results of a monthly poll of employers. Scores on the

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index range from 0 to 200; 100 represents no change; scores below 100

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represent an expected decrease; scores above 100 represent an expected

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In addition to the uptick in the index, the poll found a greater percentage of

increase.

employers moving to increase their college hiring. Ask a Question?

related content Job Outlook: Hiring up 19.3 Percent This Year New College Grad Hiring Up 19 Percent Over Last Year Preliminary Results: College Hiring Up 21 Percent

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More than half of the employers taking part in the November poll reported plans to increase the number of new college graduates—the first time a

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majority of poll respondents have reported such plans since NACE initiated the poll in October 2009. NACE’s monthly poll also gauges the level of activity employers engage in on campus to recruit new college graduates for their organizations. The recruiting activity index for November stands at 122.3, up from 117.7 in October 2010, and up significantly from 89.9 in November 2009. Still, the poll reflects intentions and is not a guarantee, as most of the participating employers expect to reassess their hiring needs on a quarterly basis—and some more frequently. NACE’s next college hiring and recruiting activity poll is being conducted December 1 - 31. Results will be reported in early January. Figure 1: NACE Index November 2010 vs. October 2010

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