Job Market for New Grads Edges up

According to NALP, the job market for new grads is edging back upwards after two years of falling indicators, but has not yet returned to pre-recession numbers.  In a press release issued today, NALP said the new numbers reflected a “…soft bounce in the market.”

The biggest gainer was the job offer rates for summer interns, which shot up 18% to 87.4%.  A large improvement to be sure, but still below 2008’s 89.9%.  And even though the percent of summer interns being offered a job is increasing, the overall number of interns is still down, with a national average of 9 interns compared to the highwater mark of 15 set in 2007.  The good news is that this is still an improvement over the 7 interns per firm in 2009.