The Class of 2014 may not have to don fast food uniforms after the caps and gowns come off. Employers that hire new grads are feeling optimistic about the market and plan to hire 8.6 percent more college graduates this year as compared to last. Starting salaries for this year's class are also up by 1.2 percent, all this according to a recent survey released by The National Association of Colleges and Employers (NACE).
The road back from the Great Recession has been a long and winding one, that's for sure. Even when some economic indicators have given us hope, other factors (often the ones that matter most to workers) have lagged behind. For example, despite lower unemployment rates, wage growth has been slow. However, now that the first quarter of 2016 is well underway, there are some indications that the job market might truly be improving. Here's what you need to know.
This has certainly been quite the year for the job market. Despite optimistic predictions concerning expected growth, the ADP Employment Report estimates a decrease in private sector jobs. While wages are reportedly increasing across various industries, the overall creation of new jobs seems to be fluctuating and the unemployment rate is holding steady at 7.7%.