In a recent Newsweek.com article, Daniel Gross puts forth his argument, that the recovery is indeed happening now. It may not be based in improvements in housing, consumer, and credit markets, like most economists predicted, but has been led by business, investment, trade, and exports. He even questions economists' skepticism when it comes to the recovery - the April Employment Situation Summary showed a jobs increase of more than 200,000 new jobs, which must mean the economy is improving, right?
But what about the job market facing graduates of the Class of 2010? Most students are not too happy with the jobs outlook. Only 25 percent of this year's graduates have jobs lined up post-graduation. While this figure has certainly increased from 2009, that leaves 75 percent of students with no prospects - and graduation is right around the corner.
In any case, there is no reason to lose hope - or give up on your job search - especially if you are a student. It may take a few months longer than you had hoped to find a job, but there are concrete signs of economic improvement that should not be overlooked. The best advice? Enjoy graduation, take the summer to find a job you actually want, and take Daniel Gross's advice: don't be so skeptical when it comes to the economy.