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JOB OUTLOOK 2018 FOR STUDENTS
National Association of Colleges and Employers • www.naceweb.org
JOB OUTLOOK 2018 FOR STUDENTS
Employers plan to increase their hiring for U.S. operations for the Class of 2018.
38.2%
EMPLOYERS RATE THE JOB MARKET
7.4%Excellent
Very Good
Good
Fair
46.3%
8.1%
SOURCE: Job Outlook 2018, 2017 Internship & Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
EMPLOYERS’ HIRING PLANS
Increase
Hiring
Maintain
Hiring Levels
Hire Fewer
43.7% 9.6%46.7%
SOURCE: Job Outlook 2018, 2017 Internship & Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
WHEN DO EMPLOYERS RECRUIT?
30%
70%
Fall Spring
SOURCE: Job Outlook 2018, 2017 Internship & Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
EMPLOYERS PLAN TO RECRUIT IN THE SPRING
32.6%
37.1%
18.2%
Yes
No
Maybe
SOURCE: Job Outlook 2018, 2017 Internship & Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
WHERE DO EMPLOYERS FIND NEW HIRES
On-campus activities (career
fairs, information sessions,
interviews)
Campus and company websites
Career centers
SOURCE: Job Outlook 2018, 2017 Internship  Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
EMPLOYERS USE VIDEO INTERVIEWING
31.6%
55.3%
2015 2016
SOURCE: Job Outlook 2018, 2017 Internship  Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
TOP DEGREES IN DEMAND
Business
Engineering
Computer  Information Sciences
Math  Sciences
Communications
Social Sciences
Humanities
Agriculture  Natural Resources
Healthcare
Education
SOURCE: Job Outlook 2018, 2017 Internship  Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
Accounting Services
Information
Computer  Electronics
Manufacturing
Finance, Insurance  Real Estate
Chemical (Pharmaceutical)
Manufacturing
Retail Trade
Construction
Management Consulting
Miscellaneous Manufacturing
EMPLOYERS INTERESTED IN INTERNATIONAL STUDENTS
SOURCE: Job Outlook 2018, 2017 Internship  Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
DO YOU HAVE WHAT IT TAKES?
Attributes Employers Look for on a Candidate’s Resume
Problem-solving
Ability to work in a team
Written communication
Leadership
Strong work ethic
Analytical/quantitative
Verbal communication
Initiative
Detail-oriented
Flexibility/adaptability
OF EMPLOYERS
SCREEN BY GPA
67.5%
SOURCE: Job Outlook 2018, 2017 Internship  Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
EXPERIENCE IS EXPECTED
Majority of employers use
internship/co-op programs to
recruit college graduates for
full-time, entry-level positions.
SOURCE: Job Outlook 2018, 2017 Internship  Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
COMPETENCIES EMPLOYERS WANT AND HOW THEY RATE NEW GRADS
Competencies Employers Want and How They Rate New Grads
EMPLOYERS NEW GRADS
Critical Thinking/Problem Solving 4.62 3.58
Teamwork/Collaboration 4.56 3.82
Professionalism/Work Ethic 4.46 3.35
Oral/Written Communications 4.30 3.39
Leadership 3.82 3.28
Information Technology Application 3.73 3.71
Career Management 3.46 3.01
Global/Multi-cultural Fluency 3.01 2.94
*5-point scale, where 1=Not essential, 2=Not very essential, 3=Somewhat essential, 4=Essential, 5=Absolutely essential
SOURCE: Job Outlook 2018, 2017 Internship  Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
FIVE KEY BENEFITS EMPLOYERS OFFER
1
2
3
4
5
Life Insurance
Dental Insurance
Company-matched 401(k)
Employee Assistance Counseling
Tuition Reimbursement $
$
SOURCE: Job Outlook 2018, 2017 Internship  Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
HOW LONG BEFORE YOU GET A JOB OFFER?
Average time from
job posting to
interview:
3 weeks or more
Average time from
interview to offer:
2 weeks
Average time offer
to your acceptance:
2 weeks
SOURCE: Job Outlook 2018, 2017 Internship  Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
HOW TO BE A STAND-OUT JOB CANDIDATE
Start your job-search today.
Begin at the career center.
Get experience.
Employers use internships/cooperative
education to hire full-time.
Internships/cooperative education add
value to your resume.
Practice makes perfect.
Practice interviewing so you’re
comfortable answering questions.
SOURCE: Job Outlook 2018, 2017 Internship  Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
Find more content about today's job market at www.naceweb.org
National Association of Colleges and Employers • www.naceweb.org

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2018 Job Outlook for Students

  • 1. JOB OUTLOOK 2018 FOR STUDENTS National Association of Colleges and Employers • www.naceweb.org
  • 2. JOB OUTLOOK 2018 FOR STUDENTS Employers plan to increase their hiring for U.S. operations for the Class of 2018. 38.2% EMPLOYERS RATE THE JOB MARKET 7.4%Excellent Very Good Good Fair 46.3% 8.1% SOURCE: Job Outlook 2018, 2017 Internship & Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 3. EMPLOYERS’ HIRING PLANS Increase Hiring Maintain Hiring Levels Hire Fewer 43.7% 9.6%46.7% SOURCE: Job Outlook 2018, 2017 Internship & Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 4. WHEN DO EMPLOYERS RECRUIT? 30% 70% Fall Spring SOURCE: Job Outlook 2018, 2017 Internship & Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 5. EMPLOYERS PLAN TO RECRUIT IN THE SPRING 32.6% 37.1% 18.2% Yes No Maybe SOURCE: Job Outlook 2018, 2017 Internship & Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 6. WHERE DO EMPLOYERS FIND NEW HIRES On-campus activities (career fairs, information sessions, interviews) Campus and company websites Career centers SOURCE: Job Outlook 2018, 2017 Internship Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 7. EMPLOYERS USE VIDEO INTERVIEWING 31.6% 55.3% 2015 2016 SOURCE: Job Outlook 2018, 2017 Internship Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 8. TOP DEGREES IN DEMAND Business Engineering Computer Information Sciences Math Sciences Communications Social Sciences Humanities Agriculture Natural Resources Healthcare Education SOURCE: Job Outlook 2018, 2017 Internship Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 9. Accounting Services Information Computer Electronics Manufacturing Finance, Insurance Real Estate Chemical (Pharmaceutical) Manufacturing Retail Trade Construction Management Consulting Miscellaneous Manufacturing EMPLOYERS INTERESTED IN INTERNATIONAL STUDENTS SOURCE: Job Outlook 2018, 2017 Internship Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 10. DO YOU HAVE WHAT IT TAKES? Attributes Employers Look for on a Candidate’s Resume Problem-solving Ability to work in a team Written communication Leadership Strong work ethic Analytical/quantitative Verbal communication Initiative Detail-oriented Flexibility/adaptability OF EMPLOYERS SCREEN BY GPA 67.5% SOURCE: Job Outlook 2018, 2017 Internship Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 11. EXPERIENCE IS EXPECTED Majority of employers use internship/co-op programs to recruit college graduates for full-time, entry-level positions. SOURCE: Job Outlook 2018, 2017 Internship Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 12. COMPETENCIES EMPLOYERS WANT AND HOW THEY RATE NEW GRADS Competencies Employers Want and How They Rate New Grads EMPLOYERS NEW GRADS Critical Thinking/Problem Solving 4.62 3.58 Teamwork/Collaboration 4.56 3.82 Professionalism/Work Ethic 4.46 3.35 Oral/Written Communications 4.30 3.39 Leadership 3.82 3.28 Information Technology Application 3.73 3.71 Career Management 3.46 3.01 Global/Multi-cultural Fluency 3.01 2.94 *5-point scale, where 1=Not essential, 2=Not very essential, 3=Somewhat essential, 4=Essential, 5=Absolutely essential SOURCE: Job Outlook 2018, 2017 Internship Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 13. FIVE KEY BENEFITS EMPLOYERS OFFER 1 2 3 4 5 Life Insurance Dental Insurance Company-matched 401(k) Employee Assistance Counseling Tuition Reimbursement $ $ SOURCE: Job Outlook 2018, 2017 Internship Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 14. HOW LONG BEFORE YOU GET A JOB OFFER? Average time from job posting to interview: 3 weeks or more Average time from interview to offer: 2 weeks Average time offer to your acceptance: 2 weeks SOURCE: Job Outlook 2018, 2017 Internship Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 15. HOW TO BE A STAND-OUT JOB CANDIDATE Start your job-search today. Begin at the career center. Get experience. Employers use internships/cooperative education to hire full-time. Internships/cooperative education add value to your resume. Practice makes perfect. Practice interviewing so you’re comfortable answering questions. SOURCE: Job Outlook 2018, 2017 Internship Co-op Report, and 2016 Recruiting Benchmarks Survey. National Association of Colleges and Employers, copyright holder.
  • 16. Find more content about today's job market at www.naceweb.org National Association of Colleges and Employers • www.naceweb.org