|Career Development Professional Profiles Office Culture Job Hunting Advice Editor's Picks|
Home > Article
When you're graduating and just starting out in the workforce, it may seem that everyone is getting a job faster than you are or no one is moving back home to live with their parents. Well, it's time for a reality check.
The truth is that over a million people graduate from college each year, so I promise that whatever your situation, lots and lots of other people are right there with you. Take this quick quiz to learn the real stats about college graduates and the job market:
1. How long does it take the average college graduate to
get a job?
Answer: b. According to Money magazine and many other sources, it generally takes several months to land a first job, so be prepared not to find a position overnight.
2. What percentage of college graduates move back home
Answer: c. Monster TRAK's survey of 2006 grads found that almost half will move back home. This percentage tends to go up when students graduate in a year when the economy is poor. It's perfectly okay and totally normal to move back in with your parents or parent for a while to save money and get on your feet professionally.
3. How long do most recent college graduates plan to stay
in their first job?
Answer: b. Monster TRAK's survey also revealed that 60 percent of 2006 college graduates said they planned to stay in their first job for two years or less. If you're an average American college graduate, it's highly unlikely that your first employer will be you last. While it's commendable to look for an employer you'll want to remain with for a long time, it's okay to make a decision based on where you want to be for the next few years only.
4. How much more money over a lifetime does a college
graduate make than a high school graduate?
Answer: c. The U.S. Census Bureau reports that over a typical, forty-year working lifetime, the average college graduate earns about 75 percent more. This can equal about $1 million or more. So, yes, that degree is worth it!
5. About how many jobs will the average person have in his
or her lifetime?
More Related Articles
Job Listings: Cracking the Code
If you've ever looked at a job listing and thought, "I'd be perfect for this job, if only...," you understand the discouragement a lot of job seekers feel.
Is Cyber-Coaching Catching On?
After graduation, formal career guidance becomes nonexistent and young professionals are often on their own to navigate the new world of work. An increasing number of people are seeking answers to their career-related questions from online career coaches. But while cyber-coaches can provide a multitude of advantages, they can't help with every aspect of the career search. Learn about the advantages and disadvantages of working with a coach online.
May I ask for a raise my first day on the job?
Even if you made a negotiation mistake and have second thoughts about the salary you accepted, it's not a good idea to ask for a raise on your first day of work.
Google Web Search
Didn't see what you were looking for?
powered by Google