Jobs

Nov
20
2010

Written by:
Artem Efremkin

Take the leap – Become an Entrepreneur

Many students think of hallowed names such as Mark Zuckerberg or Bill Gates when they hear about entrepreneurs. Thoughts about large exits and creative genius fill the mind and the characteristics that set these individuals apart. Yet, these individuals and thousands of entrepreneurs out there had simple, easy beginnings.

Ask most people what they think of starting their own business and people will say that they don’t know where to begin, they don’t know how to go about it, or they are unsure if they have what it takes. The range of emotions is vast but understandable as most feel as if they are standing at the edge of an abyss, thousands of feet up with no idea how they can survive the fall. In reality, starting your own business is more akin to stepping off the curb onto the street. It’s a split second and you are firmly planted and ready to begin climbing the hill ahead of you. While it’s easy to start, the road the top is long and arduous.

Aug
18
2010

Written by:
Ankita Kochhar

Could Unemployment Benefits cause further Unemployment?

The Former Treasury Secretary Henry Paulson in an interview with Good Morning America in February this year said that the economy is well on its path to recovery. ‘The Economist’ in July suggested that the recession may well have ended last year. Either way, we appear to be making a slow but steady climb out of the biggest recession since the Great Depression of the 1930’s. This climb out of the recession is primarily reflected in terms of the positive GDP growth rate, which was -6.8% in December 2008; with the 2008 average being -2.73%. The 2010 average currently stands at 3.05%, with a 5.6% growth in the last quarter.; the fastest growth rate in 6 years.

How is this positive change reflected in the employment?

Aug
15
2010

Written by:
Reem Hassani

New Credit Check Laws to Help Students Get Jobs

For college students and recent graduates, the prospects of finding a job in this harsh economy is intimidating to say the least. With a job pool that is oversaturated with applicants of all ages, employers are looking for anything to eliminate candidates and make decisions quicker. According to the Society for Human Resources Management, a factor that over 60 percent of employers consider today is something that negatively impacts the recruitment of college students—a Credit History Report.

Let’s face it: “High Credit Score” isn’t exactly at the top of our resume when we’re fresh out of college. Most of us are just beginning to pay off student loans, don’t have much job experience, and are still recovering from outrageous bills accumulated from laptops and liquor tabs. A degree from a reputable university may not be enough to land a job right off the bat—and many states want that to change.

Apr
24
2010

Written by:
Wade Senti

Making the Transition – A reality check

The feeling is strange, it seems eerie, but its real – friends are getting married, children are born, and careers are taking form. Life after college seems to be bitter sweet, with new challenges, and new opportunities. To some it seems as though innocence has been lost.

This spring thousands of college graduates will embark on a new journey – into the real world. According to CNNMoney.com, many may find that their salaries have shrunk – and that job offers are much more limited as compared to years past.

As reported by the National Association of Colleges and Employers, those graduating with a four-year degree could expect to make 1.7% less entering the workforce in 2010 than in 2009.

Regardless, while prospects maybe tougher than ever before, with a flooded market of currently unemployed, part-time individuals, as well as many baby boomers – it can be deceiving to believe that a bright future lies ahead.

Apr
10
2010

Written by:
Raymond Addai

Internships

In the past decade, many college students have ditched the lavish summer vacations to Miami or Los Angeles for summer internships with reputable companies such as Microsoft or Deloitte. Often times these internships are the only ways for students to get a leg up against their peers and attain the real life experience they will need in order to be successful in the workforce.

Mar
12
2010

Written by:
William Dworsky

New Employer Recruiting Tactics?

With unemployment having reached 10% in recent months, jobs are obviously in scarce supply. Aside from widespread layoffs, many companies have dramatically scaled back their recruiting efforts in an effort to cut costs. Scaled-back employers overall have fewer holes to fill with new hires and less money to spend on hiring them. HR departments with tighter budgets are reducing trips to the career services centers of universities across the country, and students are struggling to find jobs with graduation looming. "The days of having a row of interview rooms booked solid is over," said Sunil Chopra of Northwestern University's Kellogg School. In response to the downturn, some schools and companies are going the extra mile to connect businesses to eager graduates, turning to such methods as teleconferencing for interviews and school-sponsored company visits.

Nov
21
2009

Written by:
Laiyin Li

The Gold Man of Goldman

For job-seeking seniors and intern-hopeful juniors, it’s that time of year again as prestigious finance corporations have been reinforcing their presence on campuses across the nation in recruiting efforts. The increase of additional manpower invested into information and networking sessions despite high national unemployment rates has been quite noticeable; even Goldman Sach’s lead man (a.k.a. Chief Executive Officer), Lloyd Blankfein, showed up at GS’ Princeton University recruitment event. He delivered a brief and light speech to a packed room of students, detailing his fortuitous entry into Goldman after the unexpected acquisition of his former employer, which reinforced a main message of the synergism of preparation, talent, timeliness and a bit of sheer luck in the finance industry. A handful of questions were made by the audience, including two inquiries on what aspects Mr. Blankfein personally enjoyed and “most wanted to change” about the dynamics of his company.

Sep
7
2009

Written by:
Jimmy Connolly

College grads pursuing internships out of college in tough job market

With the U.S. unemployment rate rising to 9.7%, college students seeking full-time jobs out of school take a brunt of the blow. Josh Davis, of Texas Christian University, writes about how recent college grads are now pursuing internships directly out of school instead of full-time employment. This proves to provide a double-benefit, as companies can hire these interns to replace laid-off employees while giving these college grads workplace experience. Check out the full article here.

Aug
10
2009

Written by:
Jimmy Connolly

Want advice on finding a job in this turbulent economy?

Where can I find a job? How can I position myself to be a successful candidate? What qualities are employers looking for now?

Ask Wharton recruitment expert Maryellen Lamb!

Send your questions to our magazine editor, BJ Sullivan, at wjsulliv@princeton.edu, and they will likely appear in the fall issue of the magazine.