The Class of 2016 has something to look forward to: A very healthy job market, according to Lindsay Gellman of the Wall Street Journal.
Although 2015 was a great year for recent graduates, with the average salary being $50,651, 2016 will be the best job market yet for this generation. In fact, U.S. employers are planning to increase employment by a very healthy 11%, according to a recent survey by the National Association of Colleges and Employers (NACE).
However, it may not be good news for the oil and gas industry, which saw a 57.9% hiring decrease this year.
This year, 42% of respondents characterized the job market for class of 2016 as “very good” or “excellent,” according to NACE. That’s up from two years ago, when 18% characterized it that way, NACE said.