High-tech companies in the U.S. cut hiring of fresh graduates

High-tech companies in the U.S. cut hiring of fresh graduates Due to the economic recession, although high-tech companies are hungry for talents, they are also forced to reduce the recruitment of fresh graduates on university campuses...

High-tech companies in the United States are reducing their recruitment of fresh graduates. Due to the economic recession, high-tech companies, although eager for talent, are forced to reduce their recruitment of fresh graduates on college campuses. A survey by the National Association of Colleges and Employers (NACE) shows that only nearly 78% of organizations affiliated with the association recruit graduates on campus, down from 89% in 2007. For example, Santa Clara University, located in California's Silicon Valley, used to be one of the focal points for high-tech companies to recruit on campus, but now it is increasingly declining and has become a microcosm of the country. Companies are cutting back on hiring at a tough time for students. A report released in May by the School of Planning and Public Policy at Rutgers University in New Jersey showed that only 56% of spring 2010 graduates had found more than one job by this spring, far lower than the 90% in 2006 and 2007. Among 2010 graduates who found a job, only 52% said their first job required a college degree. Many students cannot find jobs, and some choose to attend graduate school during the recession. But campus recruiting has not actually stopped completely. NACE Liaison Director Mimi. Collins said businesses are now willing to recruit employees by meeting with students on campus. She said: "In times of tight job markets, companies believe that recruiting new graduates on campus is a safe move." However, companies recruiting on campus are often not interested in full-time employees, but hope to recruit interns. Andre Rui of job opportunities website Monster.com. Eibergren said that companies also make full use of other means to recruit employees, such as social media and online video interviews, and "traditional campus recruitment methods are increasingly declining." But Aibergren said campus recruitment is still the main recruitment method for large multinational companies and will not change in the short term. Stephens, a Boeing vice president, said that although the company's number of interns decreased during the recession, the company still recruits on campus as usual, which is still a "competitive recruitment method."