Job Market Alert

The crisis in the job market is well documented by daily stories of job cuts in the mass media. U.S. employers slashed 190,000 jobs in October, raising the unemployment rate to 10.2%, the highest since 1983.  As dire as that may sound job losses were down considerably from last March when over 600,000 jobs were lost.

What are the implications of this scenario for Skidmore seniors looking to access the job market after graduation? How should seniors prepare to make the smoothest possible transition? 

Don't panic! This job market is challenging but not impenetrable. Although hiring will be down significantly from last year, many organizations still plan to hire college graduates this year according to surveys by the National Association of Colleges and Employers.  In fact,  the average employer surveyed planned to hire 107 college graduates.

Employers will continue to be selective which means they are likely to hire graduates with more experience, higher levels of motivation and a focused interest in their industry.

Here are some strategies to help you succeed in this challenging environment:

Do an internship this spring or the summer after graduation! Grads with experience will fare the best in any market and be better positioned when the market turns around. Visit the Career Services web site for internship listings and see a Career Service staff member for help.

Network as extensively as possible. Employers prefer candidates referred by staff, particularly when hiring is tight. Get names of Skidmore volunteers from the Career Services web site and reach out to as many career advisors as possible for informational consultations. Skidmore will offer alumni networking sessions in various locations in January and June, watch the announcements section of our web site for updates.

Tap your family/friend network and ask for referrals to professionals in fields of interest from faculty and former employers.

Be flexible and focused. Broaden the number of fields you are considering and apply for plenty of positions but research fields thoroughly so you can present a compelling rationale for your interest to employers. Gather information online though our career research content, visit our library and consult our career volunteers in industries of interest.

Apply for as many jobs and recruiting opportunities advertised through Career Services as possible. Plan to attend as many recruiting events as possible. See a counselor to find listings and recruiting programs suited to your needs.

If you plan a fun interlude after graduation before embarking on a more serious career, include a more serious element to combat any misgivings about your work ethic. For example, do an internship with the marketing department of a ski area if you plan to spend next winter bumming in the Rockies.

Spend next year completing any coursework necessary for admission to graduate school and do an internship.

Consider applying to graduate school this year if you have a focused interest and feel ready to continue your education. The odds are that job market conditions will improve by the time you have completed your degree. See our graduate school resources and meet with a Career Services staff member to discuss your options.

Mike Profita
Director of Career Services