College grads joining the entry-level-job market face favorable conditions.
It’s looking good for the class of 2016. Sixty-seven percent of employers say they plan to hire recent college graduates this year vs. 65% last year—the highest outlook since 2007, according to a survey from CareerBuilder. Plus, 37% said they plan to offer recent graduates higher pay than they did last year.
“In addition to an improving economy, we are beginning to see a rising number of retirements, which is creating more room for advancement and creating opportunities for entry-level candidates,” said Rosemary Haefner, chief human resources officer for CareerBuilder.
The national survey was conducted online by Harris Poll and included a representative sample of 2,186 hiring managers and human resource professionals in the private sector.
Could eHarmony pair those graduates with jobs they’ll love?
Matchmaker eHarmony is now looking to match people with jobs through its new venture Elevated Careers, which launched in April.
Job seekers can use Elevated Careers for free by submitting their resume and answering questions about their current and ideal workplaces, the Los Angeles Times reports. The surveys yield a personalized list of open jobs and a scorecard that shows how much users enjoy their current job. The system finds matches by referencing the aggregate score of everyone at a candidate-seeking company.
Elevated Careers is working with Simply Hired, which will supply it with roughly 2.5 million job postings a day, according to CNN.
Ford’s new plant will create 2,800 jobs … in Mexico.
Ford Motor Co. announced in April it will shift its small-car production from Wayne, Mich., to San Luis Potosi, Mexico, where it will build a new $1.6 billion plant and create about 2,800 jobs, CNBC reports.
The move has been decreed “an absolute disgrace” by Donald Trump—the presumptive Republican presidential nominee—and “very troubling” by the United Auto Workers.
However, Ford of the Americas president Joe Hinrichs told CNBC that Ford is not moving jobs out of the United States.
“We’ve invested $10.2 billion here in the U.S. over the last five years, and that commitment won’t change even as we expand around the world,” he said.
And the Michigan plant won’t shut down, CBS News reports. Analysts expect Ford will start production there on a new truck and SUV.
Stale Sales—By the Numbers
Reports of a food-related illness can be crippling to a business—just ask Chipotle executives. After E. coli and norovirus outbreaks in 2015, the restaurant darling saw its first quarterly loss since going public in 2006.
- 29.7% - Drop in same-store sales during first-quarter 2016
- 23.4% - Drop in revenue in Q1 2016 to $834.5 million, below analyst estimates of $868 million
- 5.3 million - Coupons issued for a free entrée after Chipotle briefly closed stores in February to reassess safety protocols
- 220 - Number of stores the chain plans to open in 2016
Sources: CNBC, CNN
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