Many students looking ahead to graduation are finding themselves wondering how the current economy will affect their job search.
According to an article by TheIndyChannel, experts say students should focus on thinking broadly, networking and being patient. Afraid it will take longer than usual to find work, many students are starting to search for jobs earlier than normal.
The United States Department of Labor Bureau of Labor Statistics states that 533,000 jobs were lost during November, following 320,000 job losses during October and 403,000 job losses during September. The unemployment rate came in at 6.7 percent during November, up from 6.5 percent during October.
Full-time hiring at Indiana University is down by about 15 percent, so that school and others, like the Kelley School of Business, are trying to help their students, particularly those in finance, prepare for the future.
"As a finance major, you just have to work hard and hope for the best," IU student Zach Rudolph said in the article.
Students majoring in retail also are expected to have trouble finding employment. A recent study conducted by Michigan State University found that major retail stores that used to hire an average of 70 students per year will only hire about 14 percent this year.
"Don't necessarily rely on all the big names," Susie Clarke, director of undergraduate career services at Kelly, said in the article. "Think about the smaller firms. It's out there. There are still jobs out there. It's just going to be harder."