CareerViews
Spring 2002 - In this issue:
- The Director's View
- Economic Trends
- Internship Corner
- Hot Job
- Not Your Father's Oldsmobile
- Generation 2001
- Gender Benders
- Views on Diversity
- Who's Most Helpful in the Job Search?
- What's a College Education Worth?
- Salaries - Bachelor Degree Candidates
The Director's View
The job market has changed significantly in the last 18 months moving from a sellers market to a buyers market. Job seekers need to be much better prepared for their job search if they are to land a promising position in their field.
While there is still a significant shortage of people with some skill sets (Pharmacy, Engineering, etc.) applicants will outnumber openings in most fields. With that in mind, please encourage the students with whom you work to connect with the Career Planning office so that we can help them find and prepare for the opportunities that are available.
One way to encourage your students to utilize our office is to post the back page of this publication. The page is an advertisement for CareerFEST, our all majors job fair held on Thursday, March 14th, from 3 to 6 pm in the Alumni Arena main gym.
If you have questions about CareerViews or wish to discuss its contents, please contact me at 645-2231, stop in to Capen 259, or email me at dryan@buffalo.edu.
Director Career Planning & Placement
Economic Trends
According to preliminary results of the Job Outlook 2002 survey, which was conducted by the National Association of Colleges and Employers (NACE):
Who's Hiring (and Who's Cutting Back) in 2002- Government and nonprofit organizations expect to increase their college recruiting by 20.5 %.
- Service employers plan to decrease hiring by 24.2 %.
- Manufacturing companies say they'll hire 30.1 % fewer new grads in 2002 than they hired in 2001.
The Job Market is...
- Strongest in the South: Employers say they will only cut hiring by 7.3 %.
- Weakest in the West: Employers plan to cut college hiring by an average of 44.8 %.
- Average in the Northeast: Projected cuts at about 18.5 %.
- Average in the Midwest: Projected cuts at 17.6 %.
- The national average is 19.7 %.
Internship Corner
Almost two-thirds (64.2 %) of the employers responding to NACE's 2001 Experiential Education Survey say they pay new, permanent, full-time hires with internship or co-op experience an average of 8.9 % more than their inexperienced counterparts.
Hot Job
Desktop publishing specialist is one of the fastest growing occupations in the US with the projected job change from 1996-2008 to be +73%. The average wage in 1999 was $31,170.
Not Your Father's Oldsmobile
General Motors maintains a 24-hour childcare center at its Flint, MI plant so employees who work at night can put their children to sleep in the center.
Generation 2001
Highlights of the Harris Poll, "Generation 2001: The Second Study," which was commissioned by Northwestern Mutual: As college seniors, Gen2001 students are virtually 100% connected to the Internet. Since they were college freshmen, their time online has almost doubled, from 6 hrs per week to 11. The Internet is their biggest source for news and information, with 8 out of 10 using it often. 87% believe that their college education prepared them for the real world. More than half, 56%, of the Gen2001 students say it is either very or somewhat likely that they will someday work for themselves or start their own business.
Gender Benders
Women with doctorates in science and engineering earned 24 % less than men, although more women were in lower paid teaching jobs.
Few fields have shown as dramatic a turnaround in gender representation as public relations. According to USA Today, 30 years ago, men held 70 % of the jobs in the field. Just the reverse is true today: 70 % of the jobs are now filled by women.
Views on Diversity
The number of Hispanic workers is predicted to grow four times as fast as the rest of the work population between 1998 and 2008, according to the Bureau of Labor Statistics. By 2008, the Hispanic labor force is expected to account for 12.7% of all workers and African Americans will account for 12.6%.
According to Fortune's list of the 50 best firms for minorities... at an average top-50 company, minorities hold 11 % of the board seats and 23 % of managerial and official positions, and take home 13 % of the 50 largest paychecks.
The top firm for minorities... Advantica - nearly half of its employees and a third of its managers are minorities.
Who's Most Helpful in the Job Search?
Job-Search Source Average Rating
Career Services Center . . . . . . . . . . . . . . . . 3.67
Friends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.88
Faculty. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.82
Parent. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.49
Alumni. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.21
Relatives . . . . . . . . . . . . . . . . . . . . . . . . . . 2.19
(On a 5-point scale: 1=no help, 5=very helpful)
Salaries - Bachelor Degree Candidates
By curriculum for all types of employers. Yearly starting salary ranges in $ to the right of the profession.
AGRICULTURE & NATURAL RESOURCES- Agricultural Business & Management 28,000 - 37,500
- Animal Sciences 22,500 - 32,000
- Accounting 35,376 - 43,000
- Business Administration/Management 31,000 - 45,000
- Economics & Finance (incl. Banking) 35,000 - 46,000
- Management Information Systems 42,000 - 50,000
- Marketing/Marketing Management 30,000 - 40,000
- Communication 24,000 - 35,000
- Journalism 24,700 - 37,000
- Public Relations/Organizational Communication 25,000 - 38,000
- Computer Science 49,000 - 56,500
- Information Sciences & Systems 40,000 - 50,000
- Elementary Teacher Education 25,000 - 31,895
- Secondary Education 26,500 - 32,700
- Special Education 24,700 - 32,000
- Health Sciences 27,000 - 46,000
- Nursing 32,000 - 40,206
- Aerospace & Aeronautical 44,000 - 51,000
- Architectural Engineering 39,000 - 43,000
- Chemical 48,900 - 55,000
- Civil 37,500 - 43,200
- Computer 50,000 - 57,500
- Electrical/Electronic 48,400 - 55,600
- Industrial/Manufacturing 45,000 - 52,500
- Mechanical 45,000 - 52,000
- Metallurgical 45,000 - 51,300
- Petroleum 48,750 - 58,000
- Engineering Technology 40,000 - 50,000
- English Language & Literature/Letters 26,000 - 37,000
- Foreign Languages 31,000 - 40,000
- History 25,056 - 34,000
- Political Science/Government 27,000 - 37,000
- Psychology 24,000 - 35,900
- Social Work 20,014 - 27,000
- Sociology 25,000 - 32,000
- Visual & Performing Arts 20,000 - 33,000
- Architecture and Related programs 31,000 - 36,000
- Biological Sciences/Life Sciences 23,000 - 34,500
- Construction Science/Management 39,000 - 43,000
- Mathematics (incl. Statistics) 40,000 - 54,600
Spring Career Fairs
Summer Jobs & Internship Fair
March 5, 10 am - 2 pm, SU
Human Services Career Fair
March 7, 5:30 pm - 7 pm, SU
CareerFEST (a fair for all majors!)
March 14, 3 pm - 6 pm, Alumni Arena
Health Related Job & Career Fair
March 18th, 12 - 3 pm
Formal interviewing in the afternoon
Harriman Hall, South Campus
Teacher Recruitment Days
April 25, 26, Bflo Convention Ctr.
Pre registration required
