May 18, 2011 (Carlsbad, CA/Mobile, AL) -- “You’re hired.” This is the phrase new college graduates long to hear. And for the first time since the global economic recession began in 2007, the Class of 2011 can look forward to hearing it in abundance, reports CareerCast.com, a national job search site and Going Global, the leading provider of country-specific employment information in their new Class of 2011 Hiring Market report.

U.S. companies are hiring in greater numbers than they have been in years, the new Class of 2011 Hiring Market report found. Hiring projections are up nearly 20 percent over last year, and college grads can expect employers from nearly every sector to be interested in hiring entry-level employees with bachelor’s degrees.

While full-time jobs and internships are available in most sectors, the Class of 2011 can find the most job opportunities in oil/gas extraction, chemical (pharmaceutical) manufacturing, computer/electronics manufacturing, and the finance, insurance and real estate sectors.

Graduates may find the most promising job opportunities in the Northeast where hiring projections are up more than 25 percent from last year. While government employers dominate this region, jobs are also plentiful in the finance, insurance and real estate sectors, accounting services, and engineering.

“For example, Philadelphia is one Northeast city rising out of the recession,” says Tony Lee, publisher, CareerCast.com. “It was hit hard, but certain sectors, particularly law, education and health care, have bounced back quickly.”

“Minneapolis-St. Paul is one Midwestern city that is very healthy right now. We are seeing a surge in health care hiring, along with an abundance of jobs available in pharmaceutical and computer/electronics manufacturing; the finance, insurance, and real estate sector; and accounting services,” says Mary Anne Thompson, founder, Going Global.

In the West, hiring is up a considerable 19.3 percent, while the Southeast shows the least opportunity with only a 7.9 percent hiring increase from last year.

While some cities were hit hard during the economic downturn, others with robust industries, like the IT industry in Seattle and the life sciences industry in Raleigh, have been able to provide more consistent job opportunities throughout the recession.  

Nationwide, the highest demand is for graduates with bachelor’s degrees in engineering, business and accounting, followed by those with degrees in the medical field and communications. With the right skills and a diploma in hand, Class of 2011 graduates can look forward to hearing "You're hired" in abundance.

The job market for new college graduates is expected to remain stable in the near future. This means that graduates of the Class of 2012 and beyond can relax a bit, take a deep breath and continue to work hard on the skills employers are seeking.

To see the full report, visit http://www.careercast.com/career-news/new-college-grads-see-brighter-job-market or visit www.goinglobal.com.

About Going Global

Going Global is the leader in providing country-specific career content targeted to professionals seeking to begin or change careers both at home and abroad. With career guides for more than 80 locations, the company’s proprietary content supports the job aspirations of more than one million individuals, and includes corporate profiles and millions of job opportunities. Going Global founder Mary Anne Thompson is an internationally recognized expert on global careers. A former White House attorney, she launched Going Global while living as an expat in Stockholm, Sweden. Ms. Thompson’s book, The Global Resume & CV Guide (John Wiley, Publisher), was the first publication on the market with worldwide job-hunting advice.  

About CareerCast.com

CareerCast.com, created by Adicio, is a job search site that offers extensive local, niche and national job listings from across North America, job-hunting, career-management and HR-focused editorial content, videos and blogs, and provides recruiters with the ability to post jobs directly to more than 800 niche career sites. CareerCast.com also compiles the Jobs Rated Report (www.jobsrated.com), where 200 jobs across North America are ranked based on detailed analysis of specific careers factors.

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Contact:
Beth Brody

Brody PR

beth@brodypr.com

609-397-3737