Two-thirds of employers say they are planning to hire recent college graduates this year, reports Lindsay Gellman of The Wall Street Journal, up two percentage points from last year and the highest proportion since 2007, according to a Harris Poll survey for job website CareerBuilder. (subscription may be required.)
Employers expect to hire 5.2% more freshly minted grads this year than in 2015, according to the National Association of Colleges and Employers, which tracks college hiring. Last fall, companies on average predicted they would increase college hiring by 11%, but they pared those plans after 2016 got off to a rocky start.
More good news for recent college grads: entry-level pay is rising too. Some 37% of employers plan to offer recent college graduates higher starting salaries than they did last year, according to the CareerBuilder survey, which polled more than 2,000 hiring managers. And 27% of those recruiters said their companies will pay starting salaries of $50,000 or more.