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Benefits November 8, 2000
College Grad Salaries, Openings Up
November 8 (PLANSPONSOR.com) - Employers may have to
ante up a bit more for those college grads this year, with
the average starting salary now topping $37,000/year, up 2.3%
from a year ago.
Reported by Nevin E. Adams
Despite the higher pay, the number of job openings for college graduates is also up – 3.9% – since October 1999, according to Jobtrak.com, a Los Angeles-based job listing service which also reports that the average starting salary now stands at $37,268.
Those Who Teach, Can
Jobs in the education sector rose a phenomenal 39.4%, but the average salary rose less than 1% to $38,583, on average.
College grads saw a 31.4% increase in engineering jobs, with a 3.9% boost in average pay to $47,425.
However, the number of new openings actually dropped in about 65% of the job listings posted at more than 1,000 university career centers. Sales, marketing, advertising, and public relations positions fell 14.7%, while the average starting salary for those jobs also slipped 1.5% to $35,789.
Entry-level business and management positions dropped 9.3%, while accounting and finance positions fell 7.3%. Computer and information science positions slipped 0.7%.