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Seniors Face a Smaller Job Market

Date: 11/17/2008 4:28 pm

As seniors prepare to graduate many are concerned with facing a smaller job market in the midst of the current financial crisis. According to Peter Orazem, a professor at Iowa State University, the career fields weakened the most are housing, construction and finance. However, he reassures students that in a job market of 146 million jobs, only 1 million have been lost so far, so it isn’t a “terrible job market.” Professor Chiappori, of Columbia University in New York says that while some areas of the economy have been hit hard, there may still be some opportunities in finance for graduating students. “The kinds of expertise [the banks] are going to need are [will be from] people who have the skills to build risk management schemes”

More from the Iowa State Daily
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Issue: The Other Green (Philanthropy and Entrepreneurship)

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