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Prior days' news: By date | Search This week's print issue Back issues: By date | Search March 19, 2008The Economy May Be Tanking, but Employers Still Plan to Hire New GraduatesEmployers plan to hire 8 percent more college graduates from this year’s senior class than they did from last year’s, according to a survey released today by the National Association of Colleges and Employers. Many seniors have even already received job offers, the association says, echoing an earlier survey. However, the economic downturn hasn’t left soon-to-be graduates unscathed. Employers have lowered their hiring projections from the 16-percent increase they anticipated in the fall. —Elyse Ashburn Posted on Wednesday March 19, 2008 | Permalink |Comments
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Just based upon Ms. Ashburn’s own reporting, how can she refer to this country’s current economic situation as a “tanking economy?” While it’s true that the economy is sluggish at the moment, I find that mainstream media is very quick to over state the magnitude of the problem.
— Joseph Spretnjak Mar 20, 09:34 AM #
I don’t think it has anything to do with the ‘quick to over state’ media- anyone with common sense can tell you that inflated housing prices over the last 10-15 years were driving us (obviously) towards an eventual recession. Did anyone really think their $150,000 house should be worth a million dollars a few years later- just because the market says so? Ludicrous…
— BM Mar 20, 12:03 PM #
Joseph Spretnjak is correct. The economy is not “tanking”. Times are not rosy but as usual the press over exagerates.
Nonetheless, I am pleased to see that jobs still exist for our graduates.
— Gustavo A. Mellander Mar 20, 03:58 PM #
Glass half full or half empty? An 8% hiring increase was 16%.
— B. Fletcher Mar 21, 06:31 PM #
If the economy has tanked, how come 95% of home owners can still make their mortgage payments? Just blame it on the liberal media, the doomsday mentality.
— mike Mar 21, 10:07 PM #