Tulsa Staffing | COVID 19 Reshapes Job Market for New College Graduates

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You are listening to Trinity employments A-player matchmaker podcast, starring your host and the co-founder of Trinity employment specialists. Cory Minter. Hello, and welcome back to the A-player matchmakers.

Sure. We’re always trying to find different ways to advise to job seekers and employers in this, this podcast is talking about college graduates. How has COVID 19 reshaped your job market? Holy cow, it’s been pretty crazy. I want to get into this, but first I want to tell you, Trinity, we are staffing organization and we partner with other hiring managers to create efficiency and effective hiring systems, even when it comes to college recruiting. And when we’re able to do that and bring a players into your organization, a players do three things unbelievably, well, they stay longer. They do one and a half times with Tulsa Staffing. The work is your B and C level players. And eventually they’ll begin to recruit other a players to your team. When you show that you’ve got an a player team, it’s very true and we love helping people get a group of a players.

So what I’m talking about is COVID has thrown the entire recruiting game for college recruiting completely off. I remember when I went, when I was in college and I knew I needed to get a job and they had all these career fairs and they had all these top level companies and I cannot believe it. I didn’t even hardly go to one. I just knew that because I’ve got my college degree that now everyone’s going to want to hire me. Not only that they’re gonna want to pay me at least 50 grand a year, just to start with them.

My dad disagreed with me and boy was I wrong because after I argued with my dad, my dad was an HR manager or director at one of the largest hospitals in the state of Oklahoma. And at the time he was trying to tell me, listen, man, you’re not going to make 50 grand a year starting out. And I, that just made me angry. I was like, yeah, I am for sure. I am. He’s like, listen, you’ve got to show some value to the employer. And I was like, man, it doesn’t matter. I’ve got my degree. Now. Now listen, there was a time where a degree really meant something, but now colleges have basically over played their bounds for great Tulsa Staffing. They have made almost everything political. And if you don’t agree with their ideology, which by the way, pretty much goes against anything capitalistic, they are teaching students to be against the corporation.

It’s, it’s really true and is bizarre that, you know, the only P the only reason that someone would want a college degree is if companies valued the degree, but college professors are getting ready to over step their play because in their attempt to not allow for any other thought, other than a liberal type mindset that goes against capitalism, employers are now really concerned about hiring just a college grad. And it’s very true in college. College students are really getting the brunt end of it, but I want to jump into some of the, um, stats here. I’ve got some interesting stats and these stats come from the collegiate employment research Institute and their annual recruiting trends survey, which by the way, the recruiting trends for 2020 and 2021, and this is the largest annual survey of employers in the nation with our Tulsa Staffing. And it marked its 50 50 year milestone with this year’s report.

So Phil garner who’s the author of this report said that compared to 63,555 expected hires in the previous survey, more than 1000 companies responding to the 20, 20 and 2021 survey said, new hires will now be at around 59,000, which is about five, 4,000 less than what was expected before. And employment is expected to increase among those with associate’s degrees, but declined among those with master’s and MBA degrees that could benefit from Tulsa Staffing. Huh? I wonder if what I was talking about had some merit. I wonder if employers are really a little concerned about bringing someone who has been indoctrinated with a anti profit type model or feeling guilty for being profitable. The overall employment picture during COVID-19 economic disruption has completely altered the landscape of new college graduates. Employers now prefer more experience than to then degrees and employers are also taking advantage of the large experience labor pool that’s now available.

So what does that leave? That leaves college graduates not in much demand overall recruiting trends have found that 25% of employers suspended spring 2020 recruiting and hiring or rescinded offers that had already been extended during the spring recruitment. Of course that’s because almost every company was doing what we were doing. And that was to, that was basically just shutting down because they shut our companies down. Internships were hit even harder as 40% of responding employer, suspended, recruiting and hiring or rescinded offers and intensifying an already difficult situation where colleges and universities S we’re suspending, you know, credit courses and internships associated with them because employers, they just weren’t willing to host them. So here’s some stats that are interesting to be thinking about with our solid Tulsa Staffing. Employers are now absent from campuses. And to be honest with you, there’s hardly anyone on the campuses anyway, because of COVID. But 25% of employers who would typically be on campus this fall are absent and do not expect to hire or will, uh, re reevaluate their hiring needs in January for spring of those who provided hiring information, 37%, we’re talking to students to students, but they had no idea if they were going to be hiring more than 40% that are hiring expected to reduce the number that they are.

But there is some positive news for college students, internships are starting to rebound, but not nowhere near to the level as before. COVID-19. Um, looking ahead, employers do not expect a quick recovery for the jobs of COVID-19. Listen, this isn’t going to be like 2008 in a lot of articles that I’ve read, um, nearly half 48% believe it’s going to take two to three years to recover. And another 15% think that it might even be longer in recruiting trends for 2021, the largest annual survey that employers have in the nation with our Tulsa Staffing. Um, a complete summary of the re of this report is in C R C E R I M S u.edu. But I think that if you’re college students, here’s some practical things. It’s very, very simple, very candid. You need to reach out to people that, you know, it’s not going to be what you know, from college.

It’s going to be who, you know, that can vouch that you are going to be someone worth investing in. Please don’t make the same mistake that I did in thinking that well, I’ve got a college degree. Now I am worth it. People are going to pay me. People are going to be jumping on board to, to hire me. Let me finish up that story by sharing with you this. After I went and did all of the job searching, I could do. I interviewed anywhere in anywhere that would take me. I finally took a job in his, as an administrative assistant at a hotel in the human resources department, making $8 and 67 cents an hour. And that was the best that I could do that was after arguing with my father, that I’m going to make 50 grand a year. And then I don’t know what $8 and 67 cents is an hour, but it’s probably around $20,000 a year.

I, I can’t, I couldn’t believe it, but I don’t want college students to make the same mistakes. I’ve just noticed in, in owning the staffing firm, that every year around March and April, we have college students coming in and they tell us, well, I’m going to make way more than that. And I tell and instruct our recruiters. Just tell him, listen, we hope that you do, but man, if you get into a pinch, please don’t feel bad to give us a call. We’d love to try to help you. Especially those college students. You could see have a lot of promise, but a lot of them end up having the same kind of pathway that I did, but we want to be the top of company that helps people get their foot in the door. Because a lot of college students that need Tulsa Staffing, they just need somebody who knows someone. And that’s what staffing firms can do for college students. We know the hiring managers and if you come in and impress us, we can go to bat on your behalf and get your foot in the door. If Trinity can help you in any way, we would love to be a resource for you. Our phone number is (918) 622-2588. Or you can go and visit us online and see all of the jobs that we have@trinityemployment.com.