College Recruitment Down as Job Fair Participation Wanes

Inducements such as signing bonuses and free cars are but a dim memory as students compete for a smaller number of jobs at this fall's college job fair recruitment events.

"We're seeing quite a drop in the number of companies who have traditionally come to recruit through our on-campus recruiting program," said Patricia Macken, director of employer relations at Columbia University in New York. Participation in the school's annual recruitment job fair has dropped from 93 employers at this time last year to 80 employers.

Companies that do participate in campus recruitment are cutting back on the number of candidates they will agree to interview and, in some cases, interviewing without the promise of there being any jobs available.

The grim results of a recent Job Outlook 2002 survey conducted by the National Association of Colleges and Employers show employers anticipate hiring 19.7 percent fewer new employees this year over last year. The biggest drop was noted in the manufacturing field where employers expect to hire 30.1 percent fewer new employees this year over last.

By region, decreases in hiring during 2001-2002 as compared to 2000-2001 are expected to be less noticeable in the South and most predominant in the West. The regional breakdown looks like this:

  • West: 44.8 percent decrease
  • Northeast: 18.5 percent decrease
  • Midwest: 17.6 percent decrease
  • South: 7.3 percent decrease

Overall, survey respondents expect to decrease on-campus recruitment by visiting 12.6 fewer colleges than last year.

You may like these other stories...

With complex financial issues playing a larger role in litigation, and people increasingly turning to CPA experts to involve themselves in everything from criminal investigations to shareholder disputes to uncovering assets...
 Event Date: April 24, 2014 In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel. David will introduce the Macro Recorder, which transforms actions...
College accounting students across the country are once again assisting low-income taxpayers—and getting some invaluable hands-on experience in the process – volunteering as certified tax preparers for Volunteer...

Upcoming CPE Webinars

Apr 17
In this exciting presentation Excel expert David H. Ringstrom, CPA shares tricks that you can use with pivot tables every day. Remember, either you work Excel, or it works you!
Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.