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Mike_Gaul_AnS_311_presentation_spring_2011 - Notes from...

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Notes from Mike Gaul’s presentation to AnS 311 on Wednesday January 19, 2011 How’s the job market? 2010 – 85% 2009 – 80% 2008 – 77% 2007 – 73% 2006 – 67% What are these data? They are from CNN Money Magazine (2010) and www.CollegeGrad.com (2006-2009) and represent the percentage of students who went home to live with Mom & Dad after they graduated from college. What is driving that trend of college graduates moving back home? Mainly the high cost of living and a dismal job market. College graduates who move back home are called “boomerang kids” or “boomerangers”. Some parents (who “downsized” after their last child “left the nest”) are having to build additions onto their homes to make room for the boomerangers to come back home. Unemployment rates a. National unemployment rate: ~10% b. Iowa unemployment rate: 6.8% (one of the lowest in the nation; worst is Michigan: ~15%) c. In Spain, there is a 40-45% unemployment rate among people aged 18 to 25 years old. ABC News web site ( http://abcnews.go.com/Business/fullpage?id=9549471 ): The Decline: The Geography of a Recession January 2007 unemployment 4.6% → 9.7% (November 2010 unemployment) One major company rescinded all December 2008 and May 2009 full-time job offers, as well as summer 2009 internships. Bottom line message: there is a GLUT of talent available for the job market. If you want a job, you have to have experience and make yourself stand out from the crowd! July 2010 Wall Street Journal article: Will agriculture prove to be the hot new sector of the 21 st century? The answer is undeniably yes! Now is a great time to be an agriculture student. Last year, the College of Agriculture & Life Sciences Career Fair had more companies looking for students than the College of Liberal Arts & Sciences and the College of Business Career Fairs COMBINED
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Fall 2009 ISU Ag Career Day: 1350 interviews conducted by 72 companies. www.AgCareers.com job postings up by 5,000 from 2009 to 2010 Many employers are concerned about the lack of effort by students to secure internships & employment. NACE (National Association of Colleges and Employers) article: March 2009 survey of 6,000 soon-to-be college graduates 63% of students were worried about finding a job after college graduation 40% had not yet begun the job search in March, even though they will graduate in May/June One recent graduate communicated with his/her academic advisor: “Hey, not much going on here. I’m working at Sherwin-Williams here in Denver, and snowboarding the rest of the time. Haven’t took anything permanent, but still looking.” To get a good job, students must be: FOCUSED DIRECTED CONNECTED *** Learn art of networking; if you’re not networking, you won’t be working *** *** Often, it is not who YOU know, but who knows YOU. *** Iowa State University College of Agriculture & Life Sciences Career Services 141 Curtiss Hall (south end of 1 st floor) Ames, IA 50011-1050 Phone: 515-294-4725 Fax: 515-294-2198 Mike Gaul, Director, E-mail: [email protected] Lois Benning, Administrative Specialist URL: www.career.ag.iastate.edu In the future, will be located on the ground floor of Curtiss, south of Rotunda
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