Had you been in college ten years ago, your prospective jobs might’ve looked less promising than they do now. That’s because the real world of the late 2000s was greeting its newest graduates with a nearly 10 percent unemployment rate, courtesy of the worst financial crisis since the Great Depression.
Today, things are much different. A jobs report this month indicated that the U.S. economy added 223,000 jobs, lowering the unemployment rate to just 3.8 percent. What does this mean for you as a college student? It means that when it comes to finding a job, luck is on your side.
Do you know what’s great about low unemployment? It’s the plethora of opportunities that are just waiting for the right candidate to arrive. In some places, the amount of available jobs even exceeds the number of people willing or able to do them. So, in many ways, some companies are competing for your attention, instead of the other way around.
Speaking of attention — a lot of employers are willing to go the extra mile for the right candidate, including offering higher pay and signing bonuses. This is great news not only for students who want to get a head start on paying off their student loans, but also for those trying to save money while facing the harsh reality of rising rent and gas prices.
Just because companies are actively looking for talent and willing to pay more when they see it doesn’t mean that they’re just giving jobs away. Experience, for example, still plays a major role in your ability to find a job, since your degree alone won’t get you as far as you’d like.
That’s why it’s better to start planning your life after college while you’re still a student. Here at Be Your Own Boss, we help college students like you gain meaningful experience in our fun and engaging brand ambassador, marketing intern and college sales executive roles.
Ready to make money, gain experience AND still have time to study and party? See how you can get started today!