CARLSBAD, Calif. and MOBILE, Ala., May 18, 2011 /PRNewswire/ -- "You're hired." This is the phrase new college graduates long to hear. And for the first time since the global economic recession began in 2007, the Class of 2011 can look forward to hearing it in abundance, reports CareerCast.com, a national job search site and Going Global, the leading provider of country-specific employment information in their new Class of 2011 Hiring Market report.
U.S. companies are hiring in greater numbers than they have been in years and hiring projections are up nearly 20 percent over 2010, according to the new CareerCast.com/Going Global Class of 2011 Hiring Market report.
"Nationwide, the highest demand is for graduates with bachelor's degrees in engineering, business and accounting, followed by medical and communications grads. With the right skills and a diploma in hand, Class of 2011 graduates can look forward to hearing 'You're hired' in abundance," says Mary Anne Thompson, founder, Going Global.
Graduates may find the most promising job opportunities in the Northeast where hiring projections are up more than 25 percent from last year. While government employers dominate this region, jobs are also plentiful in the finance, insurance and real estate sectors, accounting and engineering.
"For example, Philadelphia is one Northeast city rising out of the recession," says Tony Lee, publisher, CareerCast.com. "It was hit hard, but certain sectors, particularly law, education and health care, have bounced back quickly."
Hiring expectations in the Midwest are up approximately 20 percent. Minneapolis-St. Paul is seeing a surge in health care hiring, along with an abundance of jobs in pharmaceutical and computer/electronics manufacturing; the finance, insurance, and real estate sector; and accounting services.
While some cities were hit hard during the economic downturn, others with robust industries, like the IT industry in Seattle and the life sciences industry in Raleigh, have been able to provide more consistent job opportunities throughout the recession.
The job market for new college graduates is expected to remain stable in the near future. This means that graduates of the Class of 2012 and beyond can relax a bit, take a deep breath and continue to work hard on the skills employers are seeking.
To see the full report, visit http://www.careercast.com/career-news/new-college-grads-see-brighter-job-market or www.goinglobal.com.