Lewisburg, Pa. — While the U.S. job market remains grim or unsettling for many recent college graduates, a new survey reveals prospects were much brighter for Bucknell's Class of 2012.
The Postgraduate Report of Activity for the Class of 2012 revealed that 76 percent of the class had found employment within nine months of graduating, a five-point gain over the Class of 2011. The annual survey was completed by 99 percent of the University's most recent graduating class.
Those statistics stand in stark contrast to the overall job outlook for college grads. A recent report by a New York-based policy think-tank found job prospects have not improved significantly for recent college graduates even as the U.S. economy has made gains, and that young people face an employment deficit of more than 4 million jobs.
Pamela Keiser, executive director of career services, called the University's high job placement rate "strong evidence that a Bucknell education continues to be highly valued among top employers in many sectors of the work world.
"With hard work and diligence our graduates are finding success when searching for a job," Keiser said.
An additional 16 percent of Bucknell's Class of 2012 were enrolled in graduate or professional school, down from 18 percent in 2011; 2 percent were both employed and attending graduate school; and 3 percent were taking time off to volunteer or travel. The portion of the class still seeking employment was 3 percent, less than half the national unemployment rate. || See interactive graphic on the right
Starting salaries remained stable at approximately $48,500, which parallels national salary trends, Keiser added. Bucknell graduates still averaged a higher starting salary than college graduates on the whole. The most recent survey by the National Association of Colleges and Employers found the average 2012 bachelor's degree graduate earned a starting salary of $44,259, more than $4,000 less than a Bucknell graduate.
Top employers of 2012 graduates include: PricewaterhouseCoopers; Teach For America; Clark Construction Group; J.P. Morgan Chase; Peace Corps; Hamilton Lane; Bank of America Merrill Lynch; Bucknell University; Deloitte Consulting; Teaching Assistant Program in France; Nielsen; One Wire; Bluewolf; T. Rowe Price; AmeriCorps; and Bloomberg.
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