Seniors experiencing effects of recent economic downturn
The recent economic downturn has many seniors worried. Job candidates from the Class of 2001 who are looking in the fields of finance, computer science and technology have seen major companies fire employees and rescind new offers.A recent survey published in Time magazine reported that there was an 18.8-percent increase in hiring this year, far short of the expected increase of 23.4 percent.Though University statistics on job acceptance rates will not be available until the summer, Assistant Director of Career Services Becky Ross said that the situation is not as bad as it seems.