Comment Re:Things are looking up (Score 1) 1166
The financial news tends to be pessimistic until reality slaps them in the face. Last quarter, if one of them predict Q3 GDP growth at 8.2%, they'd have been a laughing stock. But you can't have growth lik e that, and continue not to hire people.
I recently graduated with a B.S. in Computer Science. Out of about 15 CS students I know personally who graduated in the past year, one had a job within 2-3 months of graduation (not counting myself). Many of them had to wait 6 months or more before receiving any kind of job offer... and most of them haven't recieved any offers at all, and are working part-time jobs that pay a little more than minimum wage. If the economy is indeed looking up, you couldn't prove it to them. They can barely afford rent and food.It took me two months to find my first job in a GOOD year. With the way the job market has been for the last 18-20 mos. six months for fresh grads shouldn't be unusual. Some labor market indicators have been positive for about 10 straight weeks now. So if your friends haven't felt it yet, they should soon.