Some UW Students Face Bleak Job Prospects
Officials Say Banking, Real Estate Jobs Are Most Impacted Careers
Updated: 4:09 pm CST December 15, 2008
MADISON, Wis. -- As the University of Wisconsin-Madison's fall commencement nears, many graduates will be entering an unstable workforce in a slumping economy.
VIDEO: Watch The ReportUW School of Business junior Ashley Chalmers, of Reedsburg, is like many students. She 9s working hard to graduate, worried about what jobs will be out there for her, WISC-TV reported."Jobs are kind of lacking that their availability is getting lower and lower, but I feel that there's just as many students graduating and looking for jobs as well," she said.Officials with the UW's School of Business Career Center said that investment banking and real estate jobs are among the most impacted careers."We're trying to get the message to freshmen and sophomores about what the job market is looking like," said Steve Schroeder, director of the Wisconsin School of Business Career Center.The center said that the number of companies recruiting on campus is down by about 7 percent from last year."And spring semester is looking light as of now. So, it's making us fairly nervous and we've become much more aggressive in the past couple months going after companies trying to get them to come," Schroeder said.While the center believes that most December business grads will be in good shape, it's the upcoming seniors they're thinking of."It's the May grads that I'm worried about and the May of 2010 grads that I think will really get hit hard by what's happening in the economy," said Schroeder."I feel pretty confident as far as entry-level positions go," said Chalmers.Although she isn't looking for a job yet, she is facing a challenge: a human resources final and finding an internship."I had an interview set up and it was actually a phone interview and when they called they called me up and [they] just said the interview was actually cancelled," she said.The center said that there are jobs in high demand, especially in accounting and information technology.The center has some advice in a competitive job market for those looking for work, WISC-TV reported."Keep looking, network, make sure that your resume you're cover letter your interviewing skills are top notch," said Schroeder.
VIDEO: Watch The ReportUW School of Business junior Ashley Chalmers, of Reedsburg, is like many students. She 9s working hard to graduate, worried about what jobs will be out there for her, WISC-TV reported."Jobs are kind of lacking that their availability is getting lower and lower, but I feel that there's just as many students graduating and looking for jobs as well," she said.Officials with the UW's School of Business Career Center said that investment banking and real estate jobs are among the most impacted careers."We're trying to get the message to freshmen and sophomores about what the job market is looking like," said Steve Schroeder, director of the Wisconsin School of Business Career Center.The center said that the number of companies recruiting on campus is down by about 7 percent from last year."And spring semester is looking light as of now. So, it's making us fairly nervous and we've become much more aggressive in the past couple months going after companies trying to get them to come," Schroeder said.While the center believes that most December business grads will be in good shape, it's the upcoming seniors they're thinking of."It's the May grads that I'm worried about and the May of 2010 grads that I think will really get hit hard by what's happening in the economy," said Schroeder."I feel pretty confident as far as entry-level positions go," said Chalmers.Although she isn't looking for a job yet, she is facing a challenge: a human resources final and finding an internship."I had an interview set up and it was actually a phone interview and when they called they called me up and [they] just said the interview was actually cancelled," she said.The center said that there are jobs in high demand, especially in accounting and information technology.The center has some advice in a competitive job market for those looking for work, WISC-TV reported."Keep looking, network, make sure that your resume you're cover letter your interviewing skills are top notch," said Schroeder.Copyright 2008 by Channel 3000. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
